Government Plans to Create Pension Program to Support Ageing Population

BANGKOK (NNT) – The Cabinet has agreed to set up a national pension fund to support an ageing Thai population that will add about one million new retirees annually starting in 2023.

Government spokesperson Rachada Dhnadirek said the fund would require all formal employees who are not members of the provident funds, including employees of government agencies and state enterprises, to save money.

Full story: National News Bureau of Thailand

Reporter: Paphamon Arayasukawat
National News Bureau of Thailand