jacksonville mortgage refinancing: No decision yet to introduce unemployment insurance scheme

Kuala Lumpur: The Government has not taken a decision on whether to introduce an unemployment insurance scheme, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said today.
He said a feasibility study in progress on the plan was still in fact-finding and consensus. "The government does not intend to introduce the system until all stakeholders are fully engaged and consulted before the finalization of the study," he told reporters after a ceremony to celebrate the departure retirement and the granting of service scholarships to several staff at the Ministry of International Trade and Industry (MITI) here today.
A joint statement by MITI and the Ministry of Human Resources released today said that a tripartite project committee chaired by the Chief Executive of the Social Security Organisation (SOCSO) and including representatives of the Ministry Human Resources, Malaysian Employers Federation (MEF) and the Malaysian Trades Union Congress (MTUC) has been formed to oversee and guide the study.
The statement was issued by both Mustapa and Human Resources Minister Datuk Seri Dr S. Subramaniam. Mustapa said his ministry has played an important role in the conduct of discussions with small and medium enterprises (SMEs) to obtain their views on the scheme which will be forwarded to the Department of Human Resources.
He said that there had been recommendations for unemployment insurance in the event of layoffs. "We hope to complete the consultation with SMEs and the various stakeholders by MITI in three months time."
Concerns have been raised in the news the last few days on the issue of an unemployment insurance system, particularly SMEs. The concerns were mainly based on higher costs possible for SMEs when an unemployment insurance scheme is implemented.
MITI is expected to channel the reactions of the study committee tripartite project and also gave assurance that the views of SMEs will be considered before making any decision.
The first phase of this study will be made by the International Labour Organization (ILO), engagement sessions and with partners in the tripartite dialogue. To this end, both the MEF and MTUC had organized workshops and meetings in April and May respectively to obtain the views of their members.
A national tripartite workshop was held May 24 to discuss the employers and workers views on the issue. Regional workshops were also held in Kuching and Kota Kinabalu, the statement said.
"We have instructed the committee tripartite project to keep in touch with all parties concerned so that the conclusions of the study take into account the positions and views of dialogue partners and the industry," said the joint statement. - Bernama
Read more: "No decision yet to introduce unemployment insurance system" - Latest - New Straits Times

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Tuesday, June 12, 2012

No decision yet to introduce unemployment insurance scheme

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