TDRI: Social Security Fund Risks Bankruptcy Without Pension Fund Reform
Thansettakij•Economy•
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Source: Thansettakij (Original)
Key Quotes
"The Social Security Fund began in B.E. 2533."
กองทุนประกันสังคมเริ่มต้นในปี 2533
"A key turning point occurred in B.E. 2542 when "old-age pensions" were introduced."
จุดเปลี่ยนสำคัญเกิดขึ้นในปี 2542 เมื่อมีการเพิ่ม "บำนาญชราภาพ"
"The contribution rate for old-age pensions was designed too low."
อัตราสมทบเพื่อบำนาญชราภาพถูกออกแบบต่ำเกินไป
"Reforming the Social Security Fund cannot be superficial; the core issues must be addressed."
การปฏิรูปกองทุนประกันสังคมไม่สามารถแก้เพียงบางจุดแบบผิวเผิน แต่ต้อง "คลี่ปมให้ถูก"
"The pensions accumulated since B.E. 2542 are the laborers' money for retirement."
เงินชราภาพที่สะสมมาตั้งแต่ปี 2542 คือเงินของแรงงานที่รอใช้ในวัยเกษียณ
Key Entities
Organization
Thailand Development Research Institute (TDRI), a think tank that published a critical analysis warning of the Social Security Fund's financial risks if the pension fund is not reformed.
The Social Security Office, which manages the Social Security Fund and is facing warnings of bankruptcy due to its current structure and financial management.
The overarching fund responsible for various employee benefits, including sickness, disability, unemployment, and pensions, which is currently at risk of bankruptcy.
Unemployment Fund(กองทุนว่างงาน)
A component of the Social Security Fund, holding approximately 200 billion baht, which TDRI suggests should remain managed within the current Social Security system.
Health Fund(กองทุนสุขภาพ)
A component of the Social Security Fund, holding approximately 100 billion baht, which TDRI suggests should remain managed within the current Social Security system.
A benchmark organization for professional management of retirement funds, whose model TDRI proposes for the Social Security Fund's pension component.
Person
Prof. Dr. Worawan Chayanuvat(ศ. ดร.วรวรรณ ชาญด้วยวิทย์)
Director of Social Security Policy Research at TDRI, who presented the findings and recommendations regarding the Social Security Fund's structural issues.
Law
Pension Fund(กองทุนชราภาพ)
The specific component of the Social Security Fund dedicated to old-age pensions, which is identified as the primary source of financial risk due to low contributions and high payout liabilities.