"Thai government employees get a pension. Around 20K per month", you said.
So they end up with a pretty miserable life then unless they have savings or a private pension pot of their own.
I know a Thai woman who worked at Thai Airways all her life and then retired at 60, she gets more than 20k baht a month in her company pension, plus the 600 baht a month government pension, plus her house and car were paid off a long time ago in a nice area 60kms north of Bangkok.
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