SSO Clarity Please?

[Brewster67]

I am going through the work permit application process.

 

Basically my wife's company (that I am unofficially invested in) is going to hire me for the purpose of getting a work permit to skirt around the 400,000 baht rule for non-imm O visa.

 

Basically the company is going to pay me as a business development manager on a basic of 42,000 baht per month.

 

Now we are going through the SSO registration part. I will have to pay 1000 baht pm and the company has to match that making it 2000 baht pm.

 

Now the wife says the SSO office has said that this gives me full medical cover as a Thai would have in government clinics and hospitals... Fine, I could possibly review my medical expenses costs if this is the case... Just need that confirm by anyone else paying SSO as a foreign worker.

 

The next bit I am not convinced about... The wife has been told by the same person in SSO that I also get back what I paid at the age of 60 (in 7 years).. Now this i don't find very credible... I an unclear of the details, whether it comes back as some form of lump sum or some kind of state pension... Which I would have thought I would be entitled to neither.

 

Can anyone possibly give me some clarity on these details?

 

Thanks in advance. :)

[ubonjoe]

2 minutes ago, Brewster67 said:

Now the wife says the SSO office has said that this gives me full medical cover as a Thai would have in government clinics and hospitals... Fine, I could possibly review my medical expenses costs if this is the case... Just need that confirm by anyone else paying SSO as a foreign worker.

You do get medical coverage at designated hospitals for those paying Thai social security.

 

3 minutes ago, Brewster67 said:

The next bit I am not convinced about... The wife has been told by the same person in SSO that I also get back what I paid at the age of 60 (in 7 years).. Now this i don't find very credible... I an unclear of the details, whether it comes back as some form of lump sum or some kind of state pension... Which I would have thought I would be entitled to neither.

You will get some of what you paid as as a pension when your reach the age of 60.

[Crossy]

1 hour ago, ubonjoe said:

You will get some of what you paid as as a pension when your reach the age of 60.

But don't expect to get fat on it

 

It's also useful to know that when you do retire you can continue the medical coverage for a small fee.

 

[elviajero]

1 hour ago, Brewster67 said:

Basically the company is going to pay me as a business development manager on a basic of 42,000 baht per month.

If you are applying for an extension of stay based on your job many nationalities need to be paid st least 50K pm.

[Maestro]

17 minutes ago, elviajero said:

If you are applying for an extension of stay based on your job many nationalities need to be paid st least 50K pm.

 

Where did you get that from?

[Crossy]

3 minutes ago, Maestro said:

Where did you get that from?

Possibly here, from his avatar (MkIII Cortina) our OP is likely a Brit.

 

 

[ubonjoe]

25 minutes ago, elviajero said:

If you are applying for an extension of stay based on your job many nationalities need to be paid st least 50K pm.

He already has an extension based upon marriage.

 

[jenny2017]

39 minutes ago, Crossy said:

But don't expect to get fat on it

 

It's also useful to know that when you do retire you can continue the medical coverage for a small fee.

 

But paying in for only seven years, he'd perhaps look at 150 baht/month. 

 

    Once you've paid in for six months, you'll receive your SS card and should all go wrong ( with the company) you can continue by paying in 438 baht/ month with full coverage.

 

   Before you reach 60 you can ask for all what the employer and you paid in and you'll get it as a lump sum. But having such a cheap insurance is worth gold.

 

  The SS must have paid 200+ times more than my employers and I  have paid in so far. 

 

  One operation was already 120 K. 

[jenny2017]

Basically my wife's company (that I am unofficially invested in) is going to hire me for the purpose of getting a work permit to skirt around the 400,000 baht rule for non-imm O visa

 

   OP, you should get in touch with foreigners who are in the same situation. A friend of mine who's "a General Manager" of a restaurant must leave every 90 days and reapply for an extension of stay in Savanakhet.

  

   You could also get a one year Non-O ME without financial proof in Savanakhet/Laos. 

 

   

 

   

[blackcab]

2 hours ago, Brewster67 said:

I will have to pay 1000 baht pm

 

I thought the maximum deduction was 750 baht a month.

[Crossy]

22 minutes ago, jenny2017 said:

But having such a cheap insurance is worth gold.

Gold indeed, if one has been working and paying in it would be foolish not to continue paying in. Is there an age limit for paying in and getting cover?

 

It seems our OP has an extension based upon marriage so he just needs the salary to cover those requirements.

 

[jenny2017]

14 minutes ago, Crossy said:

Gold indeed, if one has been working and paying in it would be foolish not to continue paying in. Is there an age limit for paying in and getting cover?

 

It seems our OP has an extension based upon marriage so he just needs the salary to cover those requirements.

 

There are some strange differences for foreigners. A Thai woman married to a foreigner can get her husband into the SS with full coverage, but not vice versa.

 

   Last year when I was trying to ask for unemployment benefits, they denied it, because I was older than 55! Many things stipulated in the act just don't work out for foreigners. Amazing Thailand, indeed. 

 

   I know that you can't start the SS when you're 60 +, please see attached file. 

NL057E-The-Thai-Social-Security-System-Mar17.pdf

[jenny2017]

17 minutes ago, blackcab said:

 

I thought the maximum deduction was 750 baht a month.

It's usually 5 % and it seems that there are different rules ( unwritten) for foreigners. All teachers and employers pay 750 baht. 

NL057E-The-Thai-Social-Security-System-Mar17.pdf

[blackcab]

13 hours ago, jenny2017 said:

it seems that there are different rules ( unwritten) for foreigners.

 

No, there aren't. The maximum rate for any employee, whether they are Thai or Non Thai is 750 baht per month. If someone wants to charge you 1,000 baht then they are badly informed and there is no need for it.

 

Anyone telling you different is wrong. It's quite simple - you can go ask the Social Fund office yourself. Remember that it is your contribution and your account, not your employers.

[stevenl]

14 hours ago, jenny2017 said:

Basically my wife's company (that I am unofficially invested in) is going to hire me for the purpose of getting a work permit to skirt around the 400,000 baht rule for non-imm O visa

 

   OP, you should get in touch with foreigners who are in the same situation. A friend of mine who's "a General Manager" of a restaurant must leave every 90 days and reapply for an extension of stay in Savanakhet.

  

   You could also get a one year Non-O ME without financial proof in Savanakhet/Laos.

 

"OP, you should get in touch with foreigners who are in the same situation. A friend of mine who's "a General Manager" of a restaurant must leave every 90 days and reapply for an extension of stay in Savanakhet."

 

This would mean he does not meet the requirements for an extension of stay, most likely income, possible social security payments for 2-4 Thai staff.

[baansgr]

I can only add what my personal experience was and what the accountant told me. 750THB from me and also from the company. In order to qualify for the healthcare, needed to be under 55 years of age at inception (which you are) and could not be a director within the company. 

[Preacher]

Ten amount paid for SS is 5%, but it is capped at over a maximum of 15,000 salary.  If you earn more you only pay 5% over 15,000 baht. Thus the maximum one pays is 750 baht per month.

[pearciderman]

15 hours ago, jenny2017 said:

OP, you should get in touch with foreigners who are in the same situation. A friend of mine who's "a General Manager" of a restaurant must leave every 90 days and reapply for an extension of stay in Savanakhet.

 

Wow! How does your friend get an extension of stay in Savanakhet? They only issue visas there.

[pearciderman]

14 hours ago, jenny2017 said:

All teachers and employers pay 750 baht. 

 

The contribution is based on salary, you can not make such a broad statement without knowing every teacher's salary - and you don't!

[pearciderman]

15 hours ago, jenny2017 said:

But paying in for only seven years, he'd perhaps look at 150 baht/month. 

 

If you have paid less than 180 months you only have the option of a lump sum - not pension.

 

You are wrong yet again.

[JackThompson]

1 hour ago, stevenl said:

"OP, you should get in touch with foreigners who are in the same situation. A friend of mine who's "a General Manager" of a restaurant must leave every 90 days and reapply for an extension of stay in Savanakhet."

 

This would mean he does not meet the requirements for an extension of stay, most likely income, possible social security payments for 2-4 Thai staff.

Perhaps I misunderstood, but I thought the "income requirement" was only for the extension-of-stay from Immigration (so would not apply to the OP), and the 2-4 Thais Hired is for the Labor Office to qualify for a work-permit.

[FritsSikkink]

18 hours ago, blackcab said:

 

I thought the maximum deduction was 750 baht a month.

It is

[jenny2017]

3 hours ago, pearciderman said:

 

The contribution is based on salary, you can not make such a broad statement without knowing every teacher's salary - and you don't!

Did you know that the given social security number for each foreign teacher doesn't exist when checking on the SS system?

 

There seem to be different rules for foreigners. 

 

    In 13 years, I've always paid 750 baht, no matter how high or low my salary was.

 

   And I haven't yet met anybody else who didn't pay 750 baht/month, regardless if they are on a salary of 25 K, or 47 K. 

[stevenl]

4 hours ago, JackThompson said:

Perhaps I misunderstood, but I thought the "income requirement" was only for the extension-of-stay from Immigration (so would not apply to the OP), and the 2-4 Thais Hired is for the Labor Office to qualify for a work-permit.

Without workpermit the extension of stay would not be issued if it is based on working in Thailand.

As you can see from my post it was answering somebody who said something about extension of stay, so yes, would not apply to the OP, but would to the poster I was replying to.

[stevenl]

55 minutes ago, jenny2017 said:

Did you know that the given social security number for each foreign teacher doesn't exist when checking on the SS system?

 

There seem to be different rules for foreigners. 

 

    In 13 years, I've always paid 750 baht, no matter how high or low my salary was.

 

   And I haven't yet met anybody else who didn't pay 750 baht/month, regardless if they are on a salary of 25 K, or 47 K. 

I'm paying 700 Baht pm for my staff.

[pearciderman]

18 hours ago, jenny2017 said:

Did you know that the given social security number for each foreign teacher doesn't exist when checking on the SS system?

 

Then please explain how the hospital that you had your 120k operation at got reimbursed.

 

Please explain how people claim unemployment benefit and child benefit.

 

Please explain how people have taken their lump sum on retirement.

 

Are you saying that only foreign teachers are not on the system, but all other foreign workers are?

 

Please explain how you know that my SS number is not on their system.