retirement age
- Thailand News
Thailand raises retirement age to 65 for all sectors
Thailand’s Labour Ministry is set to extend the retirement age for both private and government sectors to 65 years, aligning it with countries like Singapore and Switzerland, announced Phiphat Ratchakitprakarn. Phiphat stated that the decision to increase the retirement age is influenced by significant advancements in health and medical technology, which have improved life expectancy. Additionally, the ministry plans to…
- Thailand News
Labour minister to investigate measures to save social security fund
Labour Minister Phiphat Ratchakitprakarn vowed to investigate measures to avert a potential collapse of the Social Security Fund (SSF) within the next decade due to funding shortfalls. The SSF, currently holding 2.6 trillion baht, is projected to grow to at least 4 trillion baht by 2034, according to the Thailand Development Research Institute and the International Labour Organisation (ILO). Despite…
- Thailand News
Thai health volunteers oppose retirement age limit in new bill
Village health volunteers nationwide have expressed strong opposition to an age limit proposed in a Public Health Ministry-sponsored bill, which would mandate their retirement at the age of 70. The bill, currently open for online public hearing until this Thursday, July 11, aims to impose an age cap on health volunteers, replacing the current lifelong service term. Volunteers in Chiang…
- Retire in Thailand
What does the legal retirement age mean for older people in Thailand
As you delve into the complexities of Thailand’s ageing population and the impact of mandatory retirement age policies, you’ll find a fascinating interplay of factors at work. A significant issue that’s come under the spotlight is the health status of older people, which is increasingly seen as a crucial element in encouraging employment among older individuals. In-depth studies have utilised…
