Excerpt
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.
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