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Tuesday, May 14, 2024

PM approves B40bn in aid

PM approves B40bn in aid

Millions of Sec 33 employees to benefit

Prime Minister Prayut Chan-o-cha (Government House photo)

Prime Minister Prayut Chan-o-cha on Wednesday gave the green light to financial aid handouts to ease the plight of employees under the social security system. The scheme will cost the government about 40 billion baht.

The beneficiaries will be about nine million employees of private firms who are covered by Section 33 of the Social Security Act (SSA). Those under Section 33 have been left out of the government’s Covid-19 relief packages ever since the pandemic hit the country early last year.

Each employee is expected to receive a weekly payment of 1,000 baht starting next month up to a maximum payout of 3,500-4,500 baht. The relief…

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