Monthly social security contributions by employers and employees will be cut for the second time as a Covid-19 relief measure from September until November.
Pissamai Nitipaiboon, deputy secretary-general of the Social Security Office (SSO), said the cabinet has approved the SSO board’s request for a reduced contribution over the three-month period starting next month.
The monthly contribution to the SSO by both employers and employees will be reduced to help them get through hardship caused by the pandemic.
An employee of a private company contributes 5% of up to 15,000 baht of their monthly salary — or 750 baht toward the SSO. If they make less than 15,000 baht a month, they contribute less than 750 baht. The employer matches the contribution.
The September-November contributions will be cut from 5% to 2% a month for both employers and employees, according to the SSO.
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