News

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 ...

Bangkok Post Reporter

Thailand will become 'super aged' society by 2036, predicts Dept of Health

Up to 30% of Thailand’s population is expected to cross the “elderly” barrier by 2036, placing it on the list of “super-aged societies”, the Department of Health said.Suwannachai Wattanayingcharoenchai, the department’s director general, made the announcement to mark World Population Day on Tuesday.The United Nations ...

The Nation Reporter

Govt urged to promote savings as society ages

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 ...

Bangkok Post Reporter

Pensions need drastic reform

Becoming an aged society is a big challenge for Thailand, especially when it comes to welfare provided by existing pension schemes.According to the United Nations, a country with over 10% of its population aged 60 and older is an ageing society. When this group increases ...

Editorial

Social Security Fund seeks to increase rates

The Social Security Fund (SSF) is preparing to propose the fund’s board of directors increase the fund’s contribution rates in preparation for members’ long-term compensation as the population ages.SSF secretary-general Ananchai Utaipatanacheep said the current contribution rates are insufficient to compensate all members over the ...

Nuntawun Polkuamdee

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