The Social Security Organisation (SOCSO) will amend its Act to allow disbursement of grant equivalent to 80 per cent of the insured salary value of workers to encourage women to get back into the workforce after long maternity or parental leave. Prime Minister Datuk Seri Anwar Ibrahim it is estimated that more than 130,000 women who return to work after taking long maternity or parental leave will benefit from the grant. He said the move is expected to involve an allocation of RM290mil a year. Datuk Seri Anwar, who is Finance Minister announced that when tabling the Budget 2023 in Parliament today. Datuk Seri Anwar presented a RM388.1bil, comprising RM289.1bil for operating expenditure, RM99bil for development expenditure including RM2bil contingency savings.
