Mrs. Pornanong Budsaratragoon, SEC Secretary-General, received an award plaque on behalf of the SEC, in recognition of the organization’s contribution to the network of support for children under
postponement or temporary suspension of PVD contribution to employees or employers who are affected by the COVID-19 spread. This measure aims to lessen the expense burdens and prevent PVD cancellation by
addition, the SET would be required to make an annual contribution of at least 90 percent of the profits after deducting tax and operating expenses. According to the 3rd Capital Market Development Plan (2017
reduce the contribution rates of the provident fund and allow employees to receive the payment out of the fund in case of crisis, allowing an employee to temporarily suspend contribution to the fund in
above, PVD could be another safety net for the labor force besides social security.?Currently, the average contribution of employers and employees nationwide is 5 percent each, as opposed to the maximum
voluntarily by an employer and its employees. The fund money derives from the employees? contribution and the employer's contribution.
could ultimately enhance their retirement savings and income.The Provident Fund Act B.E. 2530 (1987) was originally designed to support a voluntary defined contribution scheme. With the proposal of the
would show a bigger picture of their contribution, in terms of work time, productivity and otherwise, to their respective work, and whether their multiple employments are likely to raise competition or
March this year.The key changes to the rules include: - To re-define the term, ?patron? as any person who makes contribution to the issuer clearly and continuously, or any person who has a potential to
available choices for post-retirement or post-resignation savings and; 7) To provide more investment options for members whose contribution in PVD exceeds the minimum requirement.The consultation paper is