Strengthening the social protection network

PETALING JAYA: The Budget 2024 allocation of more than RM200mil for the Social Security Organisation (Socso) to strengthen the social protection network and spur the labour market is in line with the Federal Government’s structural reformation agenda, says the Human Resources Minister.

V. Sivakumar said the allocation involves six initiatives, including two new ones – one of which was to ease the integration of targeted groups with the public sector and the other for raising the salary ceiling for Sosco contributions from RM5,000 to RM6,000.