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Search Result for “pensions”

Showing 1 - 10 of 21

THAILAND

Social Security Board approves new pension formula

News, Post Reporters, Published on 13/11/2025

» The Social Security Board (SSB) has unanimously approved a draft ministerial regulation introducing the new Career Average Revalued Earnings (Care) pension formula, expected to take effect early next year, to improve benefits for insured workers.

THAILAND

'Retirement lottery' scheme earns praise

News, Post Reporters, Published on 03/05/2025

» The World Bank's commendation of the government's "retirement lottery" bodes well for the kingdom's behavioural policy design, says Assoc Prof Auschala Chalayonnavin, dean of the Faculty of Social Administration at Thammasat University.

THAILAND

Changing times leave poor elderly folk 'in need of extra support'

News, Post Reporters, Published on 27/04/2025

» As an aged society, Thailand will need to figure out how to care for elders who have no pension or income, says a Thammasat University academic.

THAILAND

Cops' salaries cut for conman motorcade

News, Post Reporters, Published on 11/04/2025

» Two military police officers have been detained and are facing disciplinary punishment for leading the motorcade of an alleged conman who claimed to have close ties with several political bigwigs, Defence Minister Phumtham Wechayachai said on Thursday.

THAILAND

Task force to probe Social Security Fund investment record

News, Post Reporters, Published on 27/03/2025

» The Social Security Board (SSB) will form a task force to review past Social Security Fund (SSF) investments amid financial management concerns following the purchase of a building allegedly at an inflated price.

THAILAND

Govt mulls retirement age increase

News, Post Reporters, Published on 17/03/2025

» The Labour Ministry is considering a proposal to raise the retirement age from 60 to 65 and promote voluntary retirement, which it says are needed to bolster the financial capacity of the Social Security Office (SSF) as Thailand is on track to becoming a super-aged society.

THAILAND

Fairer healthcare for workers on agenda

News, Post Reporters, Published on 08/03/2025

» The Social Security Office (SSO) will next week discuss with relevant agencies a proposal to make access to healthcare benefits fairer for insured workers and those covered by the universal healthcare scheme, according to Labour Minister Phiphat Ratchakitprakarn.

THAILAND

Group urges changes to SSO

News, Post Reporters, Published on 24/02/2025

» The Progressive Social Security group, which is part of the Social Security Board (SSB), will submit a proposal to remove the Social Security Office (SSO) from the Labour Ministry's supervision to increase transparency and allow professional administrators to better manage the fund.

THAILAND

Social Security Office may use Swedish scheme as new model

News, Post Reporters, Published on 20/11/2024

» The Labour Ministry will study Sweden's pension system in a bid to improve the Social Security Office's (SSO) scheme and better address the needs of social security subscribers in an aged society, according to Labour Minister Phiphat Ratchakitprakarn.

THAILAND

Govt speeds up rights boost

News, Post Reporters, Published on 18/11/2024

» The Labour Ministry is speeding up its changes to the Labour Relations Act and the State Enterprise Labor Relations Act to ensure basic labour rights in the country meet international standards, says spokesman Phumipat Mueanchan.