PUBLISHED : 8 Jul 2024 at 18: 15 Elderly individuals are seen waiting near Phra Nakhon district workplace in January 2022 to register for advantages. (Photo: Wichan Charoenkiatpakul) The Fiscal Policy Office (FPO) has cautioned that the Social Security Fund (SSF) might be inadequate to manage long-lasting payments. The workplace hasactually suggested that the federalgovernment boost its extra contribution to 18%, up from the present 12.75%, while speedingup settlement of exceptional financialobligations owed to the fund amountingto 71.4 billion baht. In March of this year, the FPO launched its financial threat report for financial2023 Although it covers runstheriskof from the previous financial year, the FPO generally reports on numerous financial threats looking to the future. One long-lasting danger the FPO is tracking is the adequacy of old age pensions
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