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Monday, April 29, 2024

Profs back B3,000 pensions for aged

Academics are backing a national pension scheme with a monthly stipend of 3,000 baht for the elderly.

The matter was raised at a recent seminar jointly organised by Thammasat University’s faculty of economics and the National Health Commission Office.

At the seminar, a study was presented into setting up a fair and sustainable national pension system to help the elderly who face financial insecurity after retirement.

Duangmanee Laowakul, an economics lecturer at Thammasat University who was among those conducting the study, said people aged 40-59 and the elderly are vulnerable to hardship and most have failed to save money for their futures.

During the Covid-19 pandemic, the number of poor elderly people increased and many did not have state welfare cards, she said.

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