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Budget 2021: SOCSO Job Search Allowance Extended To 9 Months

Budget 2021: SOCSO Job Search Allowance Extended To 9 Months

The assistance was initially for 6 months, but has been extended for another 3.

Tasneem Nazari

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The government is extending the employment insurance system as one of the six initiatives meant to reduce the financial burden on Malaysians during the Covid-19 pandemic.

According to Finance Minister Datuk Seri Tengku Zafrul Aziz, currently, SOCSO is supporting Malaysians who have lost their jobs through a programme called “Job Search Allowance” or “Elaun Mencari Pekerjaan”.

He said the allowance is provided to recipients for six months and recipients are eligible to receive 80% of their salary during the first month, which then gradually reduces on a monthly basis, to 30%.

Under Budget 2021, however, the allowance period will be extended for an extra three months and recipients can request to receive 80% of their salary during the first month, then 50% of their salary for the second to sixth month, and finally 30% for the last three months.

For this, the government is allocating RM150 million which is expected to assist as many as 130,000 unemployed Malaysians.


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