Cabinet green light to set up a national pension fund “compulsory” to choose to receive pension – pension.
On March 30, 2021 at the Government House, Ms. Ratchada Thanadirek, Deputy Spokesman for the Prime Minister’s Office. Stating that the Cabinet (Cabinet) National Pension Fund Act B.E.…. Has important matters such as 1. Establishment of the National Pension Fund (NPO) as a government agency and is a non-governmental entity. Is a government agency or state enterprise It is intended as a compulsory provident fund for both formal and private workers. Temporary employee Government employee Public Organization Officer And state enterprise employees Who are not a member of a provident fund By receiving benefits in the form of pension payments And is an integrated center for collecting information related to the pension system, where the income of the NCCC does not have to be delivered to the treasury
2. Employees who are 15 years of age or over and not over 60 years of age (who are not members of the provident fund) must be members of the NPO.3. 1st – 3rd year not less than 3% of the wages Year 4 – 6 Not less than 5% of the wages Year 7 – 9 Not less than 7% of the wages Year 10 onwards not less than a hundred 7-10 of the wages, with the maximum wage limit not exceeding 60,000 baht per month, in the case of an employee with a salary less than 10,000 baht, the employer must send money on one side. If the employee and the employer want to send more Able to add up to a maximum of 30% of the wage without limiting the wage ceiling.
3. Receiving money from the NACC when a member reaches 60 years of age, can choose to receive a monthly pension or pension for a period of 20 years. Receive money equal to the cumulative amount sent by the employee. Employer contributions including compensation in the case of choosing a pension And want to change it to a pension, it can be done, such as receiving a pension, then 5 years must be changed to a pension Will receive the amount of the remaining 15 years pension in case of disability or illness until death before reaching the age of 60 years. May receive some or all of the accumulated contributions
In addition, it also approved the National Pension Policy Act B.E.…. It is important to appoint the National Pension Policy Committee (the people of the Company) having the authority and duty to prepare policies, master plans and guidelines for system development. Pension as a whole of the country To be in the same direction Since the pension system in both the public and private sectors is under the supervision of many agencies. Until the duplication of operations, budget and personnel. For the composition of the Committee consists of 13 people with the Prime Minister. As the chairman of the board And Director of the Fiscal Policy Office Being a director and secretary
Ms. Ratchada said Although the establishment of the NPO will reduce the monthly income of employees and increase the burden of expenses for employers. But it will be of great benefit to employees, making them secure their retirement income Causing employers to provide suitable welfare to the employees And the increased household savings will help foster domestic investment. It also helps alleviate the burden of the elderly welfare budget in the future.