Showing 1 - 10 of 51
Concerns surrounding civil servants' retirement finances
Business, Wichit Chantanusornsiri, Published on 25/02/2025
» Although the Government Pension Fund's (GPF) rate of return over the past 10 years has managed to outpace inflation, the fund is concerned that the vast majority of its 1.2 million civil servant members may be unable to achieve a sufficient level of financial security during retirement.
State salaries and benefits face scrutiny
Business, Wichit Chantanusornsiri, Published on 23/09/2024
» The Comptroller-General's Department, the Budget Bureau and the Office of the Civil Service Commission (OCSC) are considering how to reform salaries and benefits in all government sectors.
Warning over inadequate funding for pensions
Wichit Chantanusornsiri, Published on 08/07/2024
» The Fiscal Policy Office (FPO) has warned that the Social Security Fund (SSF) may be insufficient to handle long-term payments.
Expansion of retirement lottery eligibility mooted
Business, Wichit Chantanusornsiri, Published on 01/07/2024
» The Finance Ministry may consider expanding the group of people eligible to purchase retirement lottery tickets.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
How Thailand's welfare state could change
Business, Wichit Chantanusornsiri, Published on 28/06/2023
» For the past few decades, many countries have been working towards providing "healthcare for all", including equity in access to healthcare and healthcare financing.
Ministry estimates B2tn available for party pledges
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The new government will have room to spend at least 2 trillion baht to fulfil its populist campaign pledges, according to a Finance Ministry source who requested anonymity.
State NSF offerings to rise by B2bn
Business, Wichit Chantanusornsiri, Published on 27/01/2023
» The government is expected to spend between 1.8 billion and 2 billion baht per year on higher contributions to National Savings Fund (NSF) members, says Finance Minister Arkhom Termpittayapaisith.
State mulls higher NSF contributions
Business, Wichit Chantanusornsiri, Published on 29/09/2022
» The Finance Ministry is considering a higher government contribution to the National Savings Fund (NSF) in order to increase retirees' income, says Arkhom Termpittayapaisith.