96.7 pct of wage subsidy applications approved by Socso

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The Social Security Organisation (Socso) has approved 96.7 percent or 314,844 applications for the Wage Subsidy Programme as of Wednesday, chief executive Mohammed Azman Aziz Mohammed said. He said since the Wage Subsidy Programme was introduced on April 1 until yesterday, the department had received 325,506 applications from employers representing 2.66 million employees. "Most of the employers’ complaints that have reached me are regarding subsidised payments that have not yet been credited. "Other complaints include underpayment/overpayment as well as appeals on rejected applications," he said in a statement last night. To address problems faced by employers, he said Socso had taken steps to set up a task force to resolve the issue of rejected applications and hold discussions with banks on the issue of business registration number (BRN). - Bernama

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