Highlight of the week: Employment Insurance System (EIS) Bill 2017

(In chronological order from 7/8/17 until 1/8/17)

“We will not delay this meeting. It is a tripartite responsibility between the Government, employers and workers so that all three parties can come to an agreement on the Bill said Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong. Dr Wee said it was still too early to know if there would be amendments to the Bill but gave his assurance that “all parties will be consulted” – Monday, 7 Aug 2017
(Source: http://www.thestar.com.my/news/nation/2017/08/07/wee-govt-to-consult-all-stakeholders-on-eis-bill/)

The Deputy Finance Minister’s statement that Socso would stand to collect RM1.4bil annually from 6.5 million employees while only a small number of people would benefit has merit. – Monday, 7 Aug 2017
(Source: http://www.thestar.com.my/opinion/letters/2017/08/07/insurance-system-needs-more-study/)

The Government has decided to put the Employment Insurance System (EIS) Bill on hold to allow for more engagements with the stakeholders, says Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong. He felt that employers and employees must have an in-depth analysis of the content of the Bill first and four ministers have been assigned to meet various organisations and listen to their views – Sunday, 6 Aug 2017
(Source: http://www.thestar.com.my/news/nation/2017/08/06/employment-insurance-bill-on-hold-govt-employers-and-employees-need-indepth-analysis-on-system-befo/)

The Employment Insurance System Bill (EIS), which seeks to better protect some 6.5 million workers, has been tabled in Parliament. Employers will be required to not only register their businesses but also all their workers under the system. Failure to do so could see the errant employers slapped with a fine of up to RM10,000 or a jail term of up to two years, or both, on conviction – Thursday, 3 Aug 2017
(Source: http://www.thestar.com.my/news/nation/2017/08/02/insurance-cover-for-65-million-workers-scheme-to-help-staff-who-have-lost-their-jobs/)

Parti Sosialis Malaysia (PSM) wants assurances that the newly tabled Employment Insurance System Bill will be debated and passed during the current Dewan Rakyat meeting and come into force by next January as more and more workers are losing their jobs – Wednesday, 2 Aug 2017
(Source: http://www.thestar.com.my/news/nation/2017/08/02/ensure-eis-bill-passed-in-this-dewan-rakyat-meeting/)

The Employment Insurance System Bill (EIS), which seeks to better protect some 6.5mil local workers, was tabled in Parliament on Tuesday by Human Resources Minister Datuk Seri Richard Riot who informed the House that the Government hopes to debate and pass the proposed law during the present Dewan Rakyat meeting which sits until Aug 10 – Tuesday, 1 Aug 2017
(Source: http://www.thestar.com.my/news/nation/2017/08/01/employment-insurance-bill-tabled/)

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