Employee Benefits in Thailand 2018
Summary
Both employees and employers fund Thailand’s social security system. Old-age, disability, survivors, sickness and maternity benefits, and family allowances are offered under voluntary cover for self-employed persons, and individuals with at least 12 months of compulsory cover who then cease to be covered. Thai citizens working abroad and self-employed persons are not covered by unemployment or work injury benefits. The Labor Relations Act is responsib
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- List of Tables
- Table 1: Insurance Industry Definitions
- Table 2: Thailand- Country Statistics
- Table 3:Thailand Unemployment Benefit - Severance Pay
- Table 4: Thailand Leave - Fixed National and Public Holidays 2018
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- Table of Contents
- 1 EXECUTIVE SUMMARY
- 2 INTRODUCTION
- 2.1 What is this Report About?
- 2.2 Definitions
- 3 COUNTRY STATISTICS
- 4 OVERVIEW OF EMPLOYEE BENEFITS IN THAILAND
- 5 REGULATIONS
- 6 STATE AND COMPULSORY BENEFITS
- 6.1 Retirement Benefits
- 6.1.1 Introduction
- 6.1.2 Types of Retirement Plan
- 6.1.3 Age
- 6.1.4 Benefits
- 6.1.5 Payment Options
- 6.1.6 Typical employer practice
- 6.1.7 Employee and employer contributions
- 6.2 Death in Service
- 6.2.1 Introduction
- 6.2.2 Eligibility
- 6.2.3 Benefits
- 6.2.4 Payment Options
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