About four million workers stand to benefit from a proposed employees’ insurance scheme to protect their welfare in the event of retrenchment, the Dewan Rakyat heard today. Deputy Human Resources Minister Datuk Seri Ismail Abdul Muttalib said the scheme was being finalised to obtain approval from the government. “The Bill on the scheme is expected to be tabled in the Parliament this year. Ismail said the scheme would provide financial aid in the period when workers were laid off before getting a new job. “Those who quit their job to look for other employment will also benefit from the financial aid under the scheme,” he said.

Source: NST


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