The assistance was initially for 6 months, but has been extended for another 3.
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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.
Starving forensic investigator turned writer cause she couldn't find a job. Used to search for killers now searches for killer stories.