Feathering the nest egg
The Fiscal Policy Office wants to ensure formal workers have adequate retirement funds
The Fiscal Policy Office (FPO) will continue to push for a national pension fund law to ensure employees in the formal system have sufficient savings for retirement, says director-general Pornchai Thiraveja.
The cabinet approved in principle the national pension fund bill in March 2021 as proposed by the Finance Ministry. The bill is being scrutinised by the Council of State, then it is scheduled to be forwarded to parliament.
PENSION POOR
The bill was initiated for a number of reasons. One is around 11 million employees under Article 33 of…
