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In laws are retiring soon. Guess how much their monthly pension is?

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He is a director of a big village school. She is a teacher at a different village school. They are about to retire. 

 

He will get 40,000 baht a month and she will get 30,000 a month. Both have access to the govt hospital system. 

 

Its not bad money considering the low cost of living where they live. 

 

It seems that any thai who was lucky enough to land in a long term government job has a comfortable life in retirement. 

 

IMHO I speculate that the govt could sack 1/4 of all govt workers across all sectors and still function properly. Its a classic walking into an amphor office, for example, and seeing so many people sitting around with empty desks. I suppose they deserve this pension after spending 30 to 40 yrs with all the same deadbeats. It would drive me nuts to be stuck in a job for life like that. But its just me

 

cheers

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  • Rice is cropped twice a year in my GF's village. The rest of the time, villagers look for work on building sites. Every time they buy a good or service, it is taxed somewhere in the chain. If you

  • That is the majority of rural Thais. Working in a rice field doesn't qualify. I wouldn't say they've hardly ever held a job, it's back-breaking work.

  • Isaanbiker
    Isaanbiker

    Rice fields is one month work, indeed back breaking, only no one forced them to work in rice fields, they could go get a job elsewhere.   Did you forget your meds this morning? It's not just

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42 minutes ago, ghworker2010 said:

It seems that any thai who was lucky enough to land in a long term government job has a comfortable life in retirement. 

Knew a head teacher he was getting 60,000 bht per month but only lasted 3 years, his wife in a small village school get 35,000 per month but before hubby die they bought a wholesale business shop.

When thai works and pays social security, upon retirement they get either lump sum back or in monthly payments. Only those who hardly ever held a job or worked without paying SS , get 500 per month.

 

 

59 minutes ago, ghworker2010 said:

I speculate that the govt could sack 1/4 of all govt workers across all sectors and still function properly. Its a classic walking into an amphor office, for example, and seeing so many people sitting around with empty desks.

I agree with the above but, as far as I know, manning levels are based upon the size of the Amphur. The police manning levels are worked out in the same way. 

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10 minutes ago, BestB said:

When thai works and pays social security, upon retirement they get either lump sum back or in monthly payments. Only those who hardly ever held a job or worked without paying SS , get 500 per month.

 

 

That is the majority of rural Thais. Working in a rice field doesn't qualify. I wouldn't say they've hardly ever held a job, it's back-breaking work.

1 minute ago, Lacessit said:

That is the majority of rural Thais. Working in a rice field doesn't qualify. I wouldn't say they've hardly ever held a job, it's back-breaking work.

Rice fields is one month work, indeed back breaking, only no one forced them to work in rice fields, they could go get a job elsewhere.

 

whats next self employed who never pay a cent in personal taxes or social security should be entitled to tax money? Its not the nanny West and thanks for that, but even in the nanny West low income pay taxes unlike Thailand

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My wife gets 36,000 in SS from the US and I give her another 36,000 from my retirement for 72,000 total.  She pays for everything...I just eat, sleep, and complain. But, considering the cost of living here, I don't spend another dime and the rest of my Pension get banked/invested every month.  However, I do go home and get a new O-A Visa every two years...

 

I think she got a better deal hanging out with me and working in the US. 

Yeah I think 60k is closer to what a senior male teacher recieves as pension. 

Some lifetime teachers / ed. staff also get a lump sum on day of retirement plus pensions as indicated. From my understanding the lump sum is between 1 to 3 million Baht.

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8 minutes ago, scorecard said:

Some lifetime teachers / ed. staff also get a lump sum on day of retirement plus pensions as indicated. From my understanding the lump sum is between 1 to 3 million Baht.

Youre right but most Ive known have borrowed money against their payouts and pensions which was spent long ago. I think they actually get govt loans against their superannuation payouts

6 minutes ago, Kenny202 said:

Youre right but most Ive known have borrowed money against their payouts and pensions which was spent long ago. I think they actually get govt loans against their superannuation payouts

 Which in fact encourages them to go into debt in the years before retirement day. Ultimately not a good idea.

Again those who have it keep it, Compared with the lowly Citysens 500 baht a month.

3 hours ago, Thongkorn said:

Again those who have it keep it, Compared with the lowly Citysens 500 baht a month.

Go to school and get a good job

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10 hours ago, BestB said:

Rice fields is one month work, indeed back breaking, only no one forced them to work in rice fields, they could go get a job elsewhere.

 

whats next self employed who never pay a cent in personal taxes or social security should be entitled to tax money? Its not the nanny West and thanks for that, but even in the nanny West low income pay taxes unlike Thailand

Rice is cropped twice a year in my GF's village. The rest of the time, villagers look for work on building sites. Every time they buy a good or service, it is taxed somewhere in the chain.

If you are telling me they don't deserve a pension, and government workers who exist to be obstructive do, you're not making much sense to me.

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My sister was in charge of 3 schools in the uk .retired at 58 on 96k a year ,now sits on commities 2 or 3 times a week for a few hours 250 quid plus expenses for each one . great working for the govt isnt it?????????

 

2 hours ago, Lacessit said:

Rice is cropped twice a year in my GF's village. The rest of the time, villagers look for work on building sites. Every time they buy a good or service, it is taxed somewhere in the chain.

If you are telling me they don't deserve a pension, and government workers who exist to be obstructive do, you're not making much sense to me.

When did I say government workers deserve more than anyone else?

 

people who work and pay taxes actual income taxes get pensions . People who pay taxes somewhere , somehow because they buy something  but not a single baht of personal tax or contribution to social security do not .

 

and yeah look for job on construction site they do not. Swing in hammocks is what they do, not all but a very large number. 

 

 

14 hours ago, ghworker2010 said:

He is a director of a big village school. She is a teacher at a different village school. They are about to retire. 

 

He will get 40,000 baht a month and she will get 30,000 a month. Both have access to the govt hospital system. 

Interesting OP.  I'd always wondered what the typical pension in Thailand was, although I'm sure it varies a bit.  A Thai government job is about the only way a Thai can receive a pension.  The salaries for gov workers are not high, so the pension is the main incentive.  I believe the access to gov hospitals also extend to relatives....at least parents (+wife and kids obviously).   

My friend worked for a company become manager in a a dept.retired and got a lump sum.she Invested into making clothes and doing ok now I believe.not a government job so I don,t know if she receive a pension when she reaches that age.just a different system to west as far as I know

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16 hours ago, BestB said:

Rice fields is one month work, indeed back breaking, only no one forced them to work in rice fields, they could go get a job elsewhere.

 

whats next self employed who never pay a cent in personal taxes or social security should be entitled to tax money? Its not the nanny West and thanks for that, but even in the nanny West low income pay taxes unlike Thailand

Let me guess ... a Republican?

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1 hour ago, wwest5829 said:

Let me guess ... a Republican?

Let me guess.... a Democrat that believes in unicorns and that governments all have money trees in the backyard.

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That is why jobs in government schools, army and police are very wanted. Some more than others, but they have lowish salaries, but good pension and healthcare for them and family. Much better than most farmers...

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51 minutes ago, toolpush said:

Let me guess.... a Democrat that believes in unicorns and that governments all have money trees in the backyard.

Last time I looked, US government debt was 18 trillion?

All governments have money trees in their backyard. The only issue is who they give the money to.

8 minutes ago, Lacessit said:

All governments have money trees in their backyard. The only issue is who they give the money to.

Thai society has long been structured with the "Elites" at the top, then the "civil services", the rest have always been serfs or peasants - nothing has changed, in fact it has gone backwards, "governments" (Elite's & influential families) take care of the "civil services" as they are the "buffer" between them and the "serf's" that's how I see it!

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8 hours ago, Lacessit said:

Rice is cropped twice a year in my GF's village. The rest of the time, villagers look for work on building sites. Every time they buy a good or service, it is taxed somewhere in the chain.

If you are telling me they don't deserve a pension, and government workers who exist to be obstructive do, you're not making much sense to me.

BestB is a smug jerk who doesn't know what work is, how can he say anything? Thais work their butts off for peanuts and retire on nearly nothing. And have only has medical care since Thaksin, before that there was nothing. 

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36 minutes ago, CGW said:

at the top, then the "civil services", the rest have always been serfs or peasants - nothing has changed, in fact it has gone backwards, "governments" (Elite's & influential families) take care of the "civil services" as they are the "buffer" between them and the "serf's" that's how I see it!

Agreed, and the majority of Thais do not have access to pensions as jobs with the Government are reserved for those in the know and with connections.  The pensions the OP mentioned are not consistent with the salaries that these people make.

 

Most  Thais as they age are dependent upon their children to assist them .  The children then inherit whatever that Mom and Dad have acquired such as land and/or a house. 

 

The real problem that will remain is the lagging education system which  needs to prepare children for the future. Most do not want to be rice farmers or grow vegetables and most will not be prepared for much of anything.  There also was a time when Thailand produced more food than it needed but that window is closing fast.

 

The division of wealth in the country is staggering with most of the wealth held by a small few.  

 

The wealth division exists Worldwide and it is not sustainable. At some point, unless changes are made- there will be a huge crisis

 

 

 

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45 minutes ago, Fred31 said:

BestB is a smug jerk who doesn't know what work is, how can he say anything? Thais work their butts off for peanuts and retire on nearly nothing. And have only has medical care since Thaksin, before that there was nothing. 

You nailed it, unlike you, who is made to believe that supporting her and her family of parasites is a norm, BestB has lived most of his life in Thailand, working and living among working Thai people, not the parasites who work 1-2 months per year and wait for the hand out.

 

Once again for the slow ones, Thai who actually work, pay 5% to social security and company pays another 5%

 

For minimum wage earner its 10800 per year,ie 432000 at the retirement plus interest.

 

For the  educated, its 18000 per year, 720 000 at the retirement plus interest.

 

But carry on supporting parasites, this is exactly what they look for , a buffalo to support them

 

As for Thais working their butts off, yet another sad sob story, just because they go to work, it does not mean they actually do much work, otherwise businesses would not need 5 staff to the the job of 1

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6 minutes ago, Thaidream said:

The real problem that will remain is the lagging education system

I don't believe they see this as a problem, it is not an "education" system - more of an indoctrination system where they are indoctrinated to be serfs! The last thing they want is an educated population questioning what is happening, the few who are capable of asking questions are usually educated outside of Thailand.

3 hours ago, wwest5829 said:

Let me guess ... a Republican?

Let me guess, thinking is not your strong suit ? to assume everyone is american or affiliated to some political party?

6 minutes ago, CGW said:

I don't believe they see this as a problem, it is not an "education" system - more of an indoctrination system where they are indoctrinated to be serfs! The last thing they want is an educated population questioning what is happening, the few who are capable of asking questions are usually educated outside of Thailand.

Agreed-  but in the end it is not sustainable- the internet exists as well as social media and the World is becoming more and more dependent on technology.   Someone has to actually do the job and someone also has to grow food to sustain the masses. 

Wealth cannot logically be kept by a small number of people- it has to trickle down through the classes and people need to have some hope that they also will have access to some wealth if they work hard.

 

Thailand cannot continue the current status quo for much longer or it's economy will lag behind other Asian countries

 

 

 

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