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Social Security Increase 2024 Effective Date July. Effective 1 july 2024, foreign workers in malaysia are eligible for the invalidity scheme under the country’s social security organisation (“socso”). Federal ssi payment levels will also increase by 2.5.
Kuala lumpur, oct 15 — the social security organisation (socso) described the six initiatives in the 2024 budget to be implemented by the agency as a reflection of the government’s. The human resources ministry is expected to table two amendment bills this year to raise the social security organisation (perkeso) insured salary.
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