Thailand's Ministry of Labour has announced that starting next year, increased benefits will be provided to members of the Social Security Fund (SSF). The most noteworthy adjustment includes an extension of the contribution period from age 60 to 65. This change will permit members to earn more substantial benefits.

 

Labour Minister Phiphat Ratchakitprakarn detailed the new rules for SSF management. These adjustments, according to him, will also be available to employees of private firms covered by Section 33 of the Social Security Act and to those under Section 39. They are still entitled to benefits, although they have stopped contributing. These enhancements consist of higher insurance payments in cases of accidents, illnesses, disability, or death.

 

Moreover, the period for maternity leave benefits will also be expanded. Previously, SSF members on maternity leave were given an allowance equivalent to half of their daily salary for 90 days. This period will now cover 98 days.

 

 

 

 

Members with disabilities will see a boost in their monthly support, which will go up from 50% to 70% of their income loss. Freelancers insured under Section 40 of the Social Security Act will also receive increased benefits. This includes a lifelong monthly support of 3,000 baht (US$90) if they become disabled.

 

There are also plans underway to prevent the SSF from going bankrupt within the next three decades. The minister explains that keeping a steady number of fund members is key for the SSF to continue operating. Therefore, the aim is to enroll more workers, both Thai and foreign, who work in farming, gardening, or domestic services.

 

Currently, only 1.4 million out of Thailand's five million legal and illegal migrant workers are part of the SSF system. According to Phiphat, increasing this figure to four million would significantly strengthen the fund.

 

File photo for reference only

 

-- 2024-09-05

 

 

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One of the reasons Sweden is a rather nice place to live is that maternity leave on 80% pay lasts for over a year, with a shorter period of compulsory paternity leave. 

The result is healthier, happier people. It's that simple. 

1 hour ago, Drumbuie said:

One of the reasons Sweden is a rather nice place to live is that maternity leave on 80% pay lasts for over a year, with a shorter period of compulsory paternity leave. 

The result is healthier, happier people. It's that simple. 

 

you know a lot of new swedes moved in and sweden is not so peaceful anymore...