Malaysia will improve the social security system for the self-employed

Increasing the coverage of the scheme for all contingencies is an area to focus on, said the HRD deputy minister.

It is imperative to improve the Self-Employment Social Security System (SKSPS) Act 2017 in Malaysia, with a focus on expanding contingency coverage for the self-employed, said Deputy Human Resources Minister Mustapha Sakmud.

The subject is being studied by the Social Security Organization (Socso) under the Employees’ Social Security Act of 1969 and the Employment Insurance System Act of 2017, as well as other relevant regulations.

“As of Nov 10, a total of 793,116 self-employed individuals are actively contributing under the SKSPS and 4,334 claims amounting to RM24.69 million (US$5.27 million) have been approved,” Mustapha said during question time in the Dewan Rakyat, the lower house of the bicameral parliament, which is the federal legislative body of Malaysia. “The Housewives Social Security Program (SKSSR), on the other hand, has 197,893 contributors, with 322 claims submitted totaling RM849,081 (US$18,1292.38) as of Nov 5.”

The deputy minister said this in response to queries from Datuk Awang Solahuddin bin Hashim of Pendang and Khoo Poay Tiong of Kota Melaka, both Members of Parliament (MP) in Malaysia. Both MPs asked questions about the achievements of the SKSPS and SKSSR programs and the latest approaches taken to increase the number of associates.

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Deputy Minister Mustapha also concluded that the ministry is also actively working to raise awareness of the importance of social security protection among the self-employed, especially those in the concert industry, he reported Free Malaysia today.

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