Jakarta:Prime Minister Datuk Seri Anwar Ibrahim announced that the government and Grab will jointly fund a RM160 million package to enhance the income and welfare of e-hailing and p-hailing workers starting in 2027.

According to BERNAMA News Agency, the package will include increased minimum earnings, assistance with vehicle maintenance and insurance costs, and SOCSO contributions. E-hailing drivers at the median level are expected to see their net income rise by up to RM227 per month, while p-hailing delivery riders could see an increase of up to RM100 per month.

The government will provide a 35% SOCSO matching contribution incentive to these workers, which could increase to 50% if the platform company also contributes. Additionally, a 70% SOCSO matching contribution incentive will be available for over 200,000 self-employed individuals in 17 non-mandatory sectors.

SOCSO tax relief has been expanded to include mandatory contributions to the Lindung Kendiri Scheme, and an additional tax relief of up to RM150 is offered for voluntary contributions to the Skim Lindung 24 Jam and Lindung Kendiri schemes.

To promote retirement savings among these workers, an EPF matching contribution incentive of up to RM600 per year, or RM6,000 over a lifetime, is available. BSN and Agrobank will provide RM270 million to support gig workers in starting businesses and purchasing their first homes.

The Gig Consultative Council is in discussions to finalize minimum income rates, income formulas, and minimum social protection standards for gig workers by early 2027.