Pension delay for cabinet scrutiny
The Social Security Office (SSO) will seek cabinet approval for its proposal to have new subscribers receive pension payouts at their retirement age of 60 instead of the present 55 years of age.
The office said the change will apply to new subscribers, not those who have contributed to the fund for a long time and are close to retirement.
A public hearing has been conducted online on the proposed change via the SSO’s website.
Penchan Charoensuthipan
