Savings Fund membership push proposed
Ageing demographics require incentives
The Finance Ministry is mulling additional incentives to increase the number of members in the National Savings Fund (NSF) as Thailand is projected to become a “super ageing society” by 2031.
Increasing state contributions to the NSF and extending the maximum membership age to 65 years old from 60 as stipulated by law are among the considerations, said Arkhom Termpittayapaisith, the finance minister.
Thailand became an ageing society in 2005 and is projected to become a fully aged…
