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including the rate of social security contributions that we must pay for the year 2022.
Due to the conflict between Ukraine and Russia It affects the broader sector of the economy, causing the cost of production and transportation of goods and goods-or-services to rise, followed by the cost of living. Therefore, the government has reduced the contribution to social security in section 33 to 1% from the original 5%.
2022 | employee’s contribution rate | employee with the Highest Contribution. | employer contribution rate. | employer with the Highest Contribution. |
on regular time | 5% | ฿750 | 5% | ฿750 |
jan | 5% | ฿750 | 5% | ฿750 |
feb | 5% | ฿750 | 5% | ฿750 |
mar | 5% | ฿750 | 5% | ฿750 |
apr | 5% | ฿750 | 5% | ฿750 |
may | 1% | ฿150 | 1% | ฿150 |
Jun | 1% | ฿150 | 1% | ฿150 |
jul | 1% | ฿150 | 1% | ฿150 |
aug | 5% | ฿750 | 5% | ฿750 |
sep | 5% | ฿750 | 5% | ฿750 |
oct | 5% | ฿750 | 5% | ฿750 |
nov | 5% | ฿750 | 5% | ฿750 |
dec | 5% | ฿750 | 5% | ฿750 |
total | ฿7,200 | ฿7,200 |
insured by Section 39. from 9% to 1.9 percent, regular payments of 432 baht reduced to 91 baht.
Self-employed, freelancers, and those trading and interested in voluntary insurance can become insured under Section 40. There are 3 options to send contributions as follows:
Coverage in case of danger or illness
Protection in case of disability
Protection in case of death
Coverage in case of danger or illness
Protection in case of disability
Protection in case of death
protection in case of old age Receive a lump sum with interest
Coverage in case of danger or illness
Protection in case of disability
Protection in case of death
protection in case of old age Receive a lump sum with interest.
Protection in case of child support Receive monthly payments from birth to 6 years old.
Note: Option 1 has the least benefit. while option 3 will benefit the most.
