Bangkok, The SSO confirms that the Social Security Fund has not collapsed. Currently, there is an accumulated amount of 2.3 trillion baht, as many parties are concerned. Because the 2021 numbers are used to solve the COVID-19 crisis.
Mrs. Niyada Seneemanomai, a spokesperson for the Social Security Office (SSO), discussed the case of the SSO discussing concerns about the management of the Social Security Fund, fearing that the Fund may go bankrupt in the next 30 years. The Social Security Fund is a stable fund capable of generating continuous and sufficient returns, insurers can be confident.
By acknowledging that in 2021 was the year that the COVID-19 epidemic was severe, the SSO had to bring money from the Social Security Fund to help insurers through various projects, such as sickness compensation for 4.6 million COVID-19 insured people, amounting to 104 million baht, compensation for insurers. More than 900,000 cases of unemployment, amounting to more than 26 million baht, reducing contributions to the insured 3 times, amounting to 6.4 billion baht, providing 175 hospitals in 24 provinces, vaccinating the Factory Sandbox Project, inspecting, treating, controlling, and the Labor We Fight Together project. Screening for 5 hundred thousand COVID cases, resulting in more expenditures than income. If not, the economy cannot go on. The insured will suffer, resulting in widespread consequences.
Currently, the Social Security Fund has returned to stability. Due to increased investment in the long term, as of December 31, 2022, there was an accumulated investment of 2.2 trillion baht and in 2023, as of June 30, 2023, there was an accumulated investment of 2.3 trillion baht, an increase of 3.24% compared to the year 2022 data and from the estimate of the social security fund status in 2027, it is expected that there will be accumulated investments totaling more than 3 trillion baht.-Thai News Agency
Source: Thai News Agency