The aged policy and administration

The increasing elderly population in Thailand is prompting a serious discussion on raising the retirement age beyond 55 to accommodate an “aged society” and deal with an ongoing labour shortage in the country, says the Federation of Thai Industries (FTI). The Labour Ministry is interested in ...

The government is being advised to improve savings-related regulations in order to build up financial security, particularly for the elderly.Danucha Pichayanan, secretary-general of The National Economic and Social Development Council (NESDC), said the state planning unit is about to propose the government improve regulations in ...

The National Savings Fund (NSF), a voluntary pension fund for self-employed workers, will seek the government’s approval to amend laws to provide perks and raise the state contribution to draw more members.The fund should offer extra incentives such as group insurance to members as they ...

The National Health Commission Office (NHCO) has held an assembly to discuss policies to support the aging society.Keep watching ...

The Ministry of Labor has worked with government and private agencies to provide career advice to the elderly to promote employment among the demographic.Keep watching ...

Thailand’s labour market will stagger under the weight of its growing elderly population if it does not come up with practical solutions soon.At present, more than 16 percent of Thais are over 60 years old – the mandatory retirement age for civil servants and soldiers. ...

Some policies needed to be thought through more than others. A policy to cope with the country’s ageing society is among those that are extremely sensitive. It’s an issue that requires comprehensive planning and the people in charge must know it inside and out.It’s not ...