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New EIS Bill tabled with monthly contribution rate lowered
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The government has re-tabled the Employment Insurance Scheme (EIS) Bill 2017 after lowering its proposed monthly contribution rate for employee insurance plans.

The contribution rate has been reduced from 0.5 percent to 0.2 percent.

The bill was tabled by Human Resources Minister Richard Riot Jaem and is slated to be passed in the current Parliament sitting, which will be in session until Nov 30...

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