New regulations oblige employers, employees to contribute to assistance fund
BY Chusert Supasitthumrong and Panchaya Rattanaumnuaishai 16 Apr 2025
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Thailand has issued a series of regulations implementing the Employee Welfare Fund, which was established under the Labour Protection Act B.E. 2541 (1998) (LPA) but had remained unimplemented since the law’s enactment. The Employee Welfare Fund provides financial support to employees in cases such as termination of employment, death, and other circumstances as specified by the Employee Welfare Fund Committee.
Under the LPA, employers with more than ten employees are required to register their employees with the Employee Welfare Fund if they do not offer employees a provident fund or comparable assistance for employment termination or death. With the new regulations detailed below, employers are now able to comply fully with this requirement.
On Nov. 15, 2024, the Royal Decree Determining the Period for Starting the Collection of Savings and Contributions to the Employee Welfare Fund was officially enacted and published in the Government Gazette. According to this royal decree, contributions to the Employee Welfare Fund will commence on Oct. 1, 2025.
Two ministerial decrees followed on Nov. 22, 2024 - one setting the withholding and contribution rates, and the other outlining minimum levels of financial assistance due in cases of employment termination or death.
Contribution rates
The Ministerial Notification Specifying the...
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