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Provident fund contribution delay continues

Provident fund contribution delay continues

Move to alleviate financial burden

Jobseekers queue to file applications at Job Expo Thailand on Sept 26, 2020. (Photo by Wichan Charoenkiatpakul)

The Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand.

On April 29, 2020, former Finance Minister Uttama Savanayana announced the type of businesses, duration and conditions for employees or employers to halt or delay provident fund contributions in areas affected by an economic crisis or natural disaster.

The announcement stipulated employees or employers who have been affected by the outbreak can halt or delay their contribution to…

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