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New Social Security Rates Start 2026, Benefit Increase Planned

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The Social Security Office (SSO) in Thailand has announced a revision to the ceiling contribution rate for employers and Article 33 insurers beginning next year, with the aim of expanding benefits and strengthening the fund. The SSO, led by secretary-general Kanchana Phoonkaew, will intensify its communication efforts to ensure thorough understanding of this new structure. The cabinet approved the proposal earlier this month, marking the first adjustment in over thirty years amidst rising wages and an ageing population.

 

The new contribution rate will be implemented in stages over several years. From 2026 to 2028, the rate will remain at 5%, but the maximum wage ceiling will rise from 15,000 baht to 17,500 baht. This adjustment implies that both employers and employees will contribute 875 baht monthly. Moving forward, the ceiling will further increase to 20,000 baht from 2029 to 2031 and subsequently to 23,000 baht from 2032, resulting in monthly contributions of 1,000 baht and 1,150 baht respectively from each party.

 

This revision will result in enhanced compensation for various benefits. Illness, disability, and unemployment compensation will rise from 7,500 baht to 8,750 baht per month. Maternity benefits will increase from 22,500 baht to 26,250 baht a month, and death benefits will go up from 90,000 baht to 105,000 baht. Pension amounts will also be adjusted, with those subscribing for 15 years seeing an increase from 3,000 baht to 3,500 baht monthly. Subscribers with 25 years of contributions will experience a rise from 5,250 baht to 6,125 baht per month.

 

Looking ahead, these changes aim at ensuring the financial stability and sustainability of the Social Security Fund, with the adjusted contribution rates reflecting the evolving economic landscape. The SSO emphasizes the importance of this step in addressing the needs of an ageing society while maintaining fairness in contributions and benefits, reported Bangkok Post.

 

Key Takeaways

  • The SSO will adjust the contribution ceiling starting in 2026.
  • Employers and employees will face increased monthly contributions.
  • Benefits for illness, maternity, and death will significantly rise.

 

Related Stories

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Thai Social Security Criticized Over Death and Poor Care

 

image.png  Adapted by ASEAN Now from Bangkok Post 2025-12-05

 

 

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The Part B increase will wipe all or most of it out for many.

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