THE Social Security Organisation (Socso) has been managed without any sense of accountability to its contributors for way too long. The management has been spending money that does not reflect the amount in Socso’s coffers.
A few years ago, the previous government pushed through the Employment Insurance System Act 2017, which required all employers in the private sector to pay monthly contributions for each of their employees. (Government employees, domestic workers and the self-employed are exempted.)
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