PETALING JAYA: It will be mandatory for petty traders and hawkers to contribute to the Social Security Organisation (Socso) from Jan 1 next year.
Socso said the contributions would be made under the social security scheme for the self-employed (SKSPS), and that this was aimed at ensuring they could get financial support if they suffered employment injuries.
The statutory body said this would also apply to those who operated kiosks as part of their own business.
"This is the third sector where mandatory contributions are to be made under the SKSPS, after the transport services and the food and package delivery sectors in 2017 and 2022, respectively," it said in a statement.
SPONSORED CONTENT The Logg Luyang Honored with Integrated Development Excellence Award at SHAREDA 2024 Kota Kinabalu: Kota Kinabalu, 30th September 2024 – The Logg, a premier development by K.T.I Sdn Bhd, a wholly owned subsidiary of KTI Landmark Berhad., has been awarded the prestigious Integrated Development Excellence Award at the 2024 SHAREDA (Sabah Housing and Real Estate Developers Association) event. Read more Socso said it would work with local governments nationwide in the three months prior to the deadline to raise awareness about the mandatory contributions by traders and hawkers.
* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.
* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
