Senate committee asked to rethink changing mandatory retirement age

 

Workers are transported on a truck to a construction site in Bangkok on July 23, 2020. (Photo by Mladen ANTONOV / AFP)

 

A subcommittee, of Thailand’s Senate Committee on Social Development and Affairs of Children, Youth, Women, Elderly People and Under-privileged people, has proposed a rethink and delay of a plan to increase the mandatory retirement age of government officials from 60 to 63.

 

The panel has cited five reasons that the plan, which was originally to be implemented in 2018, should be revised or further delayed.

 

Firstly, the panel said that the Government is now in the process of restructuring the bloated manpower resource in the public sector, whose salaries account for 1.1 trillion baht each year, or one-third of the annual budget.

 

Full story: https://www.thaipbsworld.com/senate-committee-asked-to-rethink-changing-mandatory-retirement-age/

 

-- © Copyright Thai PBS 2020-09-15

 

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Secondly they are skint and can't afford anything other than subs tanks and planes swiss accounts remain unaffected ????  

Pretty sure by extending retirement age they would not be reducing expenditure.

 

What's more likely is workers being downclassed to lesser jobs on lesser wage which will reduce future pensions. 

 

 

A smart move would be to slim down the number of public employees.  They could start with the police.  I am pretty sure a reduction in total numbers by 25% would not see any appreciable difference in what the police actually do.  That would save many billions.

11 minutes ago, Grumpy John said:

A smart move would be to slim down the number of public employees.  They could start with the police.  I am pretty sure a reduction in total numbers by 25% would not see any appreciable difference in what the police actually do.  That would save many billions.

It would also have the effect of increasing the "share out" of the "unoficial supplements" to their salaries".

 

Win, win!

3 hours ago, RichardColeman said:

Pretty sure by extending retirement age they would not be reducing expenditure.

 

What's more likely is workers being downclassed to lesser jobs on lesser wage which will reduce future pensions. 

 

 

I think your wrong, because if you upgrade pension age you will have people working longer and paying pension premiums. Also they don't need to pay pension and salaries (if at 60 retire someone else needs to take their job so an extra salary and a pension for 3 years)

 

All over the world they save money by moving the retirement age. Why would it work differently in Thailand ? 

5 hours ago, Grumpy John said:

A smart move would be to slim down the number of public employees.  They could start with the police.  I am pretty sure a reduction in total numbers by 25% would not see any appreciable difference in what the police actually do.  That would save many billions.

And Irritation, sorry Immigration!! If I ran that they would save billions a year, 30-50% less staff and less rented buildings to stack the unearthly amount of repetitive photocopies!!!????????????????????????????????

Typically Thai make a law and delay it. People are living longer and the pension fund is running out of money. Most countries around the world when they have increased the pension age have increased it by one year every two years or more not three years in one go. The land tax on the rich was reduced by 80% so most rich people only had to pay the massive sum of 3,000 baht rather than 15,000 baht on their expensive homes. They can even pay the 3,000 in instalments. If the civil service is bloated it should have mandatory slimming down which is a separate issue from the retirement issue. 

11 hours ago, webfact said:

Firstly, the panel said that the Government is now in the process of restructuring the bloated manpower resource in the public sector, whose salaries account for 1.1 trillion baht each year, or one-third of the annual budget.

make a nice long list of everybody and how much they are getting paid...