Social Security Fund assures its stability

The Social Security Office has dismissed rumours it cannot afford to pay compensation to employees affected by the Covid-19 measures due to the overwhelming number of applicants and the market slump that may have affected its investment.

The assurance came after the Social Security Fund (SSF) was criticised for being very slow to make the payments. The delay has raised questions whether the SSF really has the money, or its investments are badly affected by the world financial turmoil that began with the oil price slump and exacerbated by the coronavirus outbreak.

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Bangkok Post Reporter