Pension Provision in Thailand

This report documents the current state of pension provision in Thailand and options for reform that would increase the adequacy and sustainability of the pension system. While the focus here is on income support, the welfare of the elderly depends...

Full description

Bibliographic Details
Main Authors: Palacios, Robert, Jain, Himanshi
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/884191622726096147/Labor-Markets-and-Social-Policy-in-a-Rapidly-Transforming-Pension-Provision-in-Thailand
http://hdl.handle.net/10986/35694
id okr-10986-35694
recordtype oai_dc
spelling okr-10986-356942021-06-14T09:53:52Z Pension Provision in Thailand Palacios, Robert Jain, Himanshi PENSIONS PUBLIC PENSIONS ELDERLY WAGE DIFFERENTIAL SOCIAL PENSION SOCIAL SECURITY FUND DEMOGRAPHIC TRENDS This report documents the current state of pension provision in Thailand and options for reform that would increase the adequacy and sustainability of the pension system. While the focus here is on income support, the welfare of the elderly depends on many other government policies ranging from labor market policies to aged care and health services. It is also important to assess the pension system in terms of its broader impact on fiscal sustainability and national savings. This analysis can be found in a companion World Bank report that looks at the macroeconomic implications of aging in Thailand. The next section describes the schemes for the formal sector (public and private sector) followed by sections two and three which cover voluntary programs for the informal sector and non-contributory or ‘social’ pensions, respectively. Section four assesses performance based on three criteria, adequacy, sustainability, and coverage. The last section concludes. 2021-06-08T14:34:33Z 2021-06-08T14:34:33Z 2021-04 Report http://documents.worldbank.org/curated/en/884191622726096147/Labor-Markets-and-Social-Policy-in-a-Rapidly-Transforming-Pension-Provision-in-Thailand http://hdl.handle.net/10986/35694 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Thailand
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PENSIONS
PUBLIC PENSIONS
ELDERLY
WAGE DIFFERENTIAL
SOCIAL PENSION
SOCIAL SECURITY FUND
DEMOGRAPHIC TRENDS
spellingShingle PENSIONS
PUBLIC PENSIONS
ELDERLY
WAGE DIFFERENTIAL
SOCIAL PENSION
SOCIAL SECURITY FUND
DEMOGRAPHIC TRENDS
Palacios, Robert
Jain, Himanshi
Pension Provision in Thailand
geographic_facet East Asia and Pacific
Thailand
description This report documents the current state of pension provision in Thailand and options for reform that would increase the adequacy and sustainability of the pension system. While the focus here is on income support, the welfare of the elderly depends on many other government policies ranging from labor market policies to aged care and health services. It is also important to assess the pension system in terms of its broader impact on fiscal sustainability and national savings. This analysis can be found in a companion World Bank report that looks at the macroeconomic implications of aging in Thailand. The next section describes the schemes for the formal sector (public and private sector) followed by sections two and three which cover voluntary programs for the informal sector and non-contributory or ‘social’ pensions, respectively. Section four assesses performance based on three criteria, adequacy, sustainability, and coverage. The last section concludes.
format Report
author Palacios, Robert
Jain, Himanshi
author_facet Palacios, Robert
Jain, Himanshi
author_sort Palacios, Robert
title Pension Provision in Thailand
title_short Pension Provision in Thailand
title_full Pension Provision in Thailand
title_fullStr Pension Provision in Thailand
title_full_unstemmed Pension Provision in Thailand
title_sort pension provision in thailand
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/884191622726096147/Labor-Markets-and-Social-Policy-in-a-Rapidly-Transforming-Pension-Provision-in-Thailand
http://hdl.handle.net/10986/35694
_version_ 1764483578428653568