Labor Groups Oppose CARE Pension Formula Overhaul
Labor unions formally opposed a new pension formula for Social Security Fund retirees, warning it will reduce benefits and impact quality of life for millions of Thai workers nationwide.
On July 21, 2569 at Government House, the Federation of State Enterprise Labor Relations (SSLRT), led by president Sawitthaya Kaewwan, along with labor representatives, submitted a letter to the Prime Minister. Labor Minister Chulphand Amrivivat received the letter to formally object to the CARE formula and request that the Cabinet resolution from July 14 be reviewed. That resolution approved draft regulations for old-age pension benefits using a new CARE calculation system for the Social Security Fund, as proposed by the Labor Ministry.
Labor groups are requesting the regulations be reconsidered because they will directly impact benefit entitlements and post-retirement quality of life for all Section 33 contributors nationwide. SSLRT president Sawitthaya stated that labor council leaders and unions nationwide have been monitoring the structural impact of the Cabinet resolution. Labor organizations have repeatedly raised concerns and filed formal objections by sector, but the Cabinet continues to push forward. Labor representatives say they must protect workers' legitimate rights and are calling for the Cabinet resolution to be reviewed so that stability and quality of life for Thai workers can be maintained collectively. The labor federation and worker networks plan to follow up on progress again on August 4.
