Gov’t introduces financial security packages for freelancers

[snoop1130]

 

BANGKOK (NNT) - The government is encouraging freelance workers to join the national savings fund to improve their financial security, plus other benefits from accident insurance to a pension program. The government is also planning to roll out additional job security packages for freelance and informal workers.

 

Deputy Government Spokesperson Rachada Dhanadirek asked people aged 15-16 years old to join the National Savings Fund (NSF) scheme which is open to people who are not full-time employees at a registered company. This program covers students, merchants, farmers, taxi drivers, freelancers, and Social Security contributors under Article 40 of the Social Security Act.

 

Each NSF participant is required to contribute a minimum of 50 baht or a maximum of 13,200 baht, and the government is going to contribute up to 1,200 baht per year. The contributed amount is tax-deductible, while contributors will receive a wide range of benefits from health and accident insurances, and a retirement plan, in addition to the Social Security pension.

 

With a mission to improve the livelihoods of some 19.6 million informal workers, Ms. Rachada said the Cabinet has approved in principle the draft informal worker’s welfare and protection bill. Once enacted, this bill will ensure access to basic occupational rights, job safety, social security, and the rights to unionize among informal and freelance workers.

 

-- © Copyright NNT 2022-01-18

 

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[SAFETY FIRST]

Good to hear. 

 

Plenty of freelancers on Soi Buakhao 

 

I've tried my best to support these poor girls but I'm running out of money. 

 

Edited January 18, 2022 by SAFETY FIRST

[bluejets]

Good move.

[Almer]

A useful way to gather data not only the freelancer but also who they work for

[hotchilli]

12 hours ago, snoop1130 said:

and the government is going to contribute up to 1,200 baht per year.

[Bday Prang]

20 hours ago, Almer said:

A useful way to gather data not only the freelancer but also who they work for

 Are you for real  ?    The clue is in the name ,   They are freelancers.   they work for themselves

[RandiRona]

24 minutes ago, Bday Prang said:

they work for themselves

And Mamasan!

[Denim]

They will be talking about this in Thermaes for sure.

[Almer]

1 hour ago, Bday Prang said:

 Are you for real  ?    The clue is in the name ,   They are freelancers.   they work for themselves

I am real, my wife has 12 working for her, when one tried to sign on the system they asked her main place she worked, how is that for”very real”

[redwood1]

23 hours ago, hotchilli said:

So after 10 years of the government paying into this the freelancers will have a whopping 12,000 baht from the government, and after 30 years 36,000 baht....

 

Lets say 2 months salary for 30 years of work.......Happy Days....

Edited January 20, 2022 by redwood1

[Thaiophil]

On 1/18/2022 at 8:04 PM, SAFETY FIRST said:

Plenty of freelancers on Soi Buakhao 

And in Thai Friendly. Astonishing number of young ladies in Pattaya would like to meet ageing farang????

[redwood1]

6 minutes ago, Thaiophil said:

And in Thai Friendly. Astonishing number of young ladies in Pattaya would like to meet ageing farang????

Haven't you heard 60+ is the new 25......

[jacko45k]

Just now, redwood1 said:

Haven't you heard 60+ is the new 25......

I wish... seems to only apply to the ladies I meet....

[Thaiophil]

9 hours ago, redwood1 said:

Haven't you heard 60+ is the new 25......

Wish I could’ve got half that interest when I was actually 25…

[it is what it is]

 

hopefully at least some will be switched on enough to realise the benefit.

 

i stopped working in the UK 25 years ago to work abroad, but kept up my national insurance class 3 voluntary contributions. so, when i eventually reach retirement age, i will qualify for a full state pension (on top of other pensions). for a uk citizen it's one of the best investments you can make, i'm amazed at the number of people who dont take advantage of it.

[lamyai3]

45 minutes ago, it is what it is said:

I stopped working in the UK 25 years ago to work abroad, but kept up my national insurance class 3 voluntary contributions. so, when i eventually reach retirement age, i will qualify for a full state pension (on top of other pensions). for a uk citizen it's one of the best investments you can make, i'm amazed at the number of people who dont take advantage of it.

Agree - although class 2's are the real bargain if you can qualify, class 3 are still worth multiples more than the annuity rates you'd get on a private pension fund.