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Thailand’s social security fund prepares for inaugural board election
Photo courtesy of Bangkok Post The Social Security Fund (SSF) in Thailand is preparing for its inaugural board member election, with over 800,000 members expected to participate in the vote tomorrow, December 24.
This was disclosed by Boonsong Thapchaiyuth, the secretary-general of the Social Security Office (SSO), who also noted that the turnout figure is rather modest compared to the total SSF membership of 12 million across the country.
The SSO has allocated a budget of 207 million baht for the election. The board is mandated by law to be made up of representatives from various related ministries including labour, finance, interior, and public health, as well as the Budget Bureau, and employers and employees.
This election will allow SSF members to choose seven representatives, while employers will also select seven representatives to manage a fund valued at 2.4 trillion baht….
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