GOSH allows early withdrawal of savings: 50% after 5 years, paid in 15 days.

Thansettakij•Economy•21d ago

Reader Briefing

The Government Savings Fund (GOSH) is introducing new regulations allowing members to withdraw up to 50% of their savings after five years, with payments processed within 15 days, to enhance financial security.

•The Government Savings Fund (GOSH) is revising its regulations to permit early withdrawal of savings.
•Members can withdraw up to 50% of their savings after completing five years of contributions.
•Withdrawals will be processed and paid out within 15 days.
•The move aims to provide financial security for retirees and support informal workers.

Overview

•From July 7, 2026 to August 5, 2026, GOSH is accepting public opinions on a draft ministerial regulation concerning savings disbursement.
•GOSH announced that draft regulations will allow savers to withdraw up to 50% of their savings before age 60.
•These changes are based on amendments to the Government Savings Fund Act B.E. 2011 and B.E. 2025, empowering GOSH to issue and sell savings lottery tickets.
•Savers who have purchased GOSH lottery tickets for a full five years from their initial purchase date are eligible to request partial withdrawal.
•Eligible savers can withdraw up to 50% of the funds in their individual accounts.
•GOSH will disburse requested funds within 15 days of receiving a valid application.
•For members reaching 60 years of age, GOSH will disburse the entire savings amount within 15 days of the member's 60th birthday.
•The new regulations also cover cases of death, disability, and loss of nationality, with lump-sum payments to beneficiaries or the saver within 15 days depending on the situation.

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Key Quotes

Dr. Petch Chinoht

"GOSH is accepting public opinions on the draft ministerial regulation regarding the disbursement of savings to savers, designated individuals, or heirs, B.E. .... between July 7, 2026 – August 5, 2026."

กอช. เปิดรับฟังความเห็น ร่างกฎกระทรวงว่าด้วยการจ่ายเงินออมทรัพย์ให้แก่ผู้ออมทรัพย์ หรือบุคคลซึ่งผู้ออมทรัพย์แสดงเจตนาไว้ หรือทายาท พ.ศ. .... ระหว่างวันที่ 7 ก.ค. 69 – 5 ส.ค. 2026

Dr. Petch Chinoht

"The draft ministerial regulation allows savers to request partial withdrawal of savings before the age of 60, provided they have purchased GOSH lottery tickets for a full 5 years from the initial purchase date, entitling them to up to 50% of their individual account balance."

ร่างกฎกระทรวงเปิดช่องให้ผู้ออมทรัพย์ขอรับเงินออมบางส่วนก่อนอายุครบ 60 ปีได้ โดยมีเงื่อนไขว่าต้องซื้อสลาก กอช. ครบกำหนด 5 ปี นับแต่วันซื้อครั้งแรก จึงจะขอรับเงินได้ไม่เกินร้อยละ 50 ของเงินในบัญชีรายบุคคล

Key Entities

Organization

Government Savings Fund (GOSH)(กองทุนการออมแห่งชาติ(กอช.))ℹ️

The Thai organization responsible for managing savings and retirement funds, introducing new withdrawal policies.

Person

Dr. Petch Chinoht(ดร.เพ็ชร ชินบุตร)

Secretary-General of the Government Savings Fund (GOSH), who announced new withdrawal policy details.

Law

Government Savings Fund Act B.E. 2011(พระราชบัญญัติกองทุนการออมแห่งชาติ พ.ศ. 2011)

The foundational law governing the operations of the Government Savings Fund (GOSH).

Government Savings Fund Act (No. 2) B.E. 2025(พระราชบัญญัติกองทุนการออมแห่งชาติ (ฉบับที่ 2) พ.ศ. 2025)

An amendment to the Government Savings Fund Act, providing GOSH with enhanced powers.