Article
Thailand Moves To Reform Old-Age Pension Calculations
Thailand's cabinet has approved a draft ministerial regulation that would fundamentally transform how old-age pension and gratuity benefits are calculated under the Social Security Fund. The reform introduces a career average revalued earnings model to replace the current 60-month average salary calculation, affecting both current recipients and future beneficiaries. The regulation includes transitional protections and expanded gratuity entitlements, with implementation expected within eight to ten months f
Tilleke & Gibbins