Thai Labor Harmony Confederation Opposes Social Security CARE Formula

Thansettakij•Politics•2d ago

Reader Briefing

The Thai Labor Harmony Confederation is organizing a mass gathering on July 21, 2026, to petition the Prime Minister to review a Cabinet resolution regarding the new 'CARE Formula' for social security pensions.

•The Thai Labor Harmony Confederation will gather on July 21, 2026, at 10:00 AM at the Government Complaint Center.
•The protest opposes a Cabinet resolution from July 14, 2026, which approved the 'CARE Formula' for calculating old-age pensions.
•Labor groups claim the new formula will negatively impact the benefits and quality of life for Section 33 insured persons.
•The Ministry of Labour maintains the change is based on actuarial principles to ensure long-term fund sustainability.

Overview

•On July 14, 2026, the Cabinet approved the principle of a ministerial regulation to adjust the old-age pension calculation to the CARE Formula.
•The Thai Labor Harmony Confederation issued an invitation to member organizations and labor leaders nationwide to gather on July 21, 2026, at 10:00 AM.
•The gathering will take place at the Government Complaint Center on Phitsanulok Road, Bangkok, opposite the Government House.
•The Thai Labor Harmony Confederation asserts that the CARE Formula will directly affect the benefit base and retirement quality of life for Section 33 insured persons.
•The Ministry of Labour stated the CARE Formula aims to align the system with the Actuarial Principle and reflect contributions more accurately.
•Labor networks express concern that some groups of insured persons may receive lower pensions compared to the original system.
•The Thai Labor Harmony Confederation demands that the Prime Minister review the Cabinet resolution and open public hearings for labor participants.
•The Ministry of Labour confirmed the process is currently in the stage of drafting subordinate legislation.

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Key Entities

Organization

Thai Labor Harmony Confederation(สมาพันธ์สมานฉันท์แรงงานไทย)

An organization that issued a call for labor leaders to oppose the CARE Formula.

Cabinet(คณะรัฐมนตรี)

The government body that approved the principle of the CARE Formula on July 14, 2026.

Social Security Fund(กองทุนประกันสังคม)ℹ️

The fund providing old-age pensions whose calculation formula is being contested.

Ministry of Labour(กระทรวงแรงงาน)ℹ️

The ministry that proposed the adjustment to the pension calculation formula to the Cabinet.

Person

Mr. Sawit Kaewwan(นายสาวิทย์ แก้วหวาน)

President of the Thai Labor Harmony Confederation.

Policy

CARE Formula(สูตร CARE)

A new system for calculating old-age pensions of the Social Security Fund.

Place

Government Complaint Center(ศูนย์รับเรื่องราวร้องทุกข์ของรัฐบาล)

The location on Phitsanulok Road where the labor gathering is scheduled.

Bangkok(กรุงเทพมหานคร)ℹ️

The city where the Government Complaint Center is located.