Thursday, March 7, 2013

Socso raise age limit for invalidity pension from 55 to 60

MALACCA: The eligibility for invalidity pension for Social Security Organisation (Socso) members has been raised from 55-year-old to 60.

Socso chairman Datuk Abu Huraira Abu Yazid, said, the decision was parallel with the extension of the compulsory retirement age, under the Minimum Retirement Age Act 2012, which has been set at 60 instead of 55-years-old
 “With the set of new age limit, we hoped that the employees who are still fit to work, will come back and contribute."