PETALING JAYA: The industry has collectively saved RM100mil through the waiver of compounds and late payment charges under the Social Security Organisation (Socso), says the Malaysian Employers Federation (MEF).
Its president, Datuk Dr. Syed Hussain Syed Husman, welcomed the extension of the Socso Amnesty Programme in a statement on Saturday (May 17). The programme will run until May 31, as announced by Human Resources Minister Steven Sim.
“The amnesty, which allows employers to settle outstanding Socso contributions without incurring any penalty, compound, or late penalty charges, is a significant,” he said today.
Syed Hussain said 220,000 employers voluntarily regularised their Socso contributions throughout the amnesty programme (April 1 to 30).
The federation also revealed that one million new workers are now protected under the Socso scheme.
“MEF reminds all employers that protecting workers is not just a legal obligation but a shared responsibility in building a resilient workforce,” said Syed Hussain.
He added that the MEF also strongly encouraged all employers to register their employees with Socso and ensure compliance with labour and social security protection laws.
