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6 October 2021 • 11 minute read

Thailand Ministerial Regulation in relation to Fixing Rates of Social Security Fund Contributions

Written by:Komson SuntheerapornNatnicha Nakhwan, Nahsinee Luengrattanakorn

On 27 September 2021, the Minister of Labour has just issued the Ministerial Regulation in relation to Fixing Rates of Social Security Fund Contributions B.E. 2564 (2021) which shall be enforced in Thailand as of 1 September 2021 onwards.

The Government, the employer, and the insured person under Section 33* shall remit contributions to the Social Security Fund for payment of compensation benefits in cases of injury or sickness, disability, death, child delivery, child welfare, old age, and unemployment. Please see the contribution rates in the schedules below:

  1. From 1 September 2021 until 30 November 2021 – please refer to the rates in Schedule A.
  2. From 1 December 2021 onwards – please refer to the rates in Schedule B.


Schedule A - Contribution Rates from 1 September 2021 - 30 November 2021

   Payer  Contribution Rates in Percentage of Wages of Insured Person
 1

Contributions for payment of compensation benefits in cases of injury or sickness, disability, death, and child delivery:

  1. Government
  2. Employer
  3. Insured Person

 

.

.
1.5
1.5
1.5
2

Contributions for payment of compensation benefits in cases of child welfare and old age:

  1. Government
  2. Employer
  3. Insured Person

 

 

1
0.95
0.95
3

Contributions for payment of compensation benefits in case of unemployment:

  1. Government
  2. Employer
  3. Insured Person

 

 

0.25
0.05
0.05

 

Schedule B - Contribution Rates from 1 December 2021 onwards

Payer Contribution Rates in Percentage of Wages of Insured Person
1

Contributions for payment of compensation benefits in cases of injury or sickness, disability, death, and child delivery:

  1. Government
  2. Employer
  3. Insured Person

 

.

..
1.5
1.5
1.5
2

Contributions for payment of compensation benefits in cases of child welfare and old age:

  1. Government
  2. Employer
  3. Insured Person

 

 

1
3
3
3

Contributions for payment of compensation benefits in case of unemployment:

  1. Government
  2. Employer
  3. Insured Person

 

 

0.25
0.5
0.5

 

*Insured person under Section 33 refers to: (i) an employee who is over 15 years of age but not more than 60 years of age; or (ii) a person who has become 60 years of age but has been continuously employed by an employer under the Social Security Act B.E. 2533 (as amended).

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