Socso contributions: Maximum monthly salary ceiling limit raised to RM5k

PARLIAMENT | The Dewan Rakyat today passed the Employees' Social Security (Amendment) Bill 2022 which aims to improve social security coverage by increasing certain benefits for employees.

Human Resources Minister M Saravanan said this included increasing the maximum monthly salary ceiling limit from RM4,000 to RM5,000 for contributions which will improve protection under the Social Security Organisation (Socso).

The increase, he said, would involve...