A PKR lawmaker has urged the government to disclose all calculations related to contributions and pay outs, under the proposed Employment Insurance System (EIS) Bill 2017.

Kelana Jaya MP Wong Chen said that while he supports the intention of the bill to introduce unemployment benefits, his personal calculations has suggested a “severe disconnect” between proposed contributions for the scheme and its expected pay outs.

“We cannot blindly push this bill without full financial disclosures as the ultimate contributors are the workers and the employers,” he stressed in pointing out that the bill is likely to be tabled for second reading and debated by next week.

“The bill calls for RM2 billion in annual contributions but then pays out an estimated RM300 million...