What new social security measures are needed for gig workers?

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New Social Security Measures for Gig Workers Are Needed

A new social security plan is required for informal workers, particularly those in the gig economy, as they currently lack access to company-provided medical benefits and health insurance. This gap in coverage highlights a critical need for targeted social security provisions that acknowledge the unique employment structures of gig workers.
Lack of Access to Traditional Benefits

Gig economy workers, by definition, are not traditional employees and therefore do not qualify for the standard benefits offered by companies. This includes essential provisions such as medical benefits and health insurance, which are typically tied to formal employment relationships. The absence of these safety nets leaves a significant portion of the workforce vulnerable to financial hardship in the event of illness or injury.
Need for a Dedicated Social Security Framework

The current social security system does not adequately address the needs of informal and gig economy workers. Observers suggest that a new, dedicated social security plan is necessary to provide these individuals with a comparable level of protection to that of formal employees. Such a plan would need to consider the fluctuating income and employment patterns characteristic of gig work.
Addressing Vulnerable Populations

Beyond gig workers, there is also a call for a separate financial assistance programme specifically designed for the most vulnerable segments of the population. This includes individuals in underserved regions like interior Sabah and Sarawak, who may face unique challenges and require tailored support mechanisms to address their specific conditions. This broader call underscores a recognition that existing programmes may not be sufficiently reaching all those in need.

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What new social security measures are needed for gig workers?

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