Socso approves insurance benefit for MYAirline employees

Socso approves insurance benefit for MYAirline employees

Human resources minister V Sivakumar says out of the 533 applications received so far, 277 have been approved.

MYAirline suspended its operations on Oct 12, pending shareholder restructuring and company recapitalisation. (Facebook pic)
PUTRAJAYA:
A total of 533 employees of the cash-strapped low-cost carrier MYAirline have submitted applications to obtain benefits from the Employment Insurance System (EIS) under the Social Security Organisation (Socso) as of yesterday.

Human resources minister V Sivakumar said out of that number, Socso has approved 277 applications so far.

Sivakumar said his ministry will ensure that MYAirline employees are not denied their rights despite the status of their service contract.

V Sivakumar.

“Socso has also done what needs to be done and is in the process of finding out whether the affected workers have received termination letters, among other things,” he told reporters after attending the Socso Run&Ride 2023 here today.

The objective of the EIS is to provide financial assistance to workers who have lost their jobs until they find new employment.

Previously, MYAirline announced the suspension of its operations with effect from Oct 12 until further notice “due to financial pressures”. The budget airline said it had suspended its operations pending shareholder restructuring and company recapitalisation.

On Nov 2, Sosco group chief executive officer Azman Aziz Mohammed said the agency had carried out five intervention programmes to help alleviate the problems faced by MYAirline employees.

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