Thai retirement age could be increased

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 setting a new retirement age and needs more information, especially from the business sector. 

The FTI is creating a database on the number of elderly people in Thailand, including senior workers, to send to the ministry to help it design a plan to provide them with better care.

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Bangkok Post Reporter