KUALA LUMPUR: Workers retrenched following the implementation of the RM2,000 minimum wage next year may be eligible for up to six months of financial assistance under the Employment Insurance System (EIS), the Dewan Rakyat heard.
Economy Minister Akmal Nasrullah Mohd Nasir said affected workers covered by the scheme could claim benefits, including a job-search allowance, if employers resorted to retrenchments while adjusting to higher wage costs.
"If the adjustment to the minimum wage leads to company restructuring, including retrenchments, affected workers covered by the EIS are eligible to claim benefits, including a job-search allowance, for up to six months," he said in response to a question from Aminolhuda Hassan (PH-Sri Gading).
