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Thailand: Civil Servants Fight Planned Change to Pension Fund
Source: nationmultimedia.com
Source Date: Tuesday, April 09, 2013
Focus: Knowledge Management in Government
Country: Thailand
Created: Apr 09, 2013

State officials in Chaiyaphum threatened yesterday to stage a rally against the government's moves to amend laws relating to the Government Pension Fund (GPF), as they fear changes would affect their benefits.

 

About 1,000 government officials from 12 provincial agencies held a meeting yesterday and launched an official appeal for the government to not cut their benefits.

 

The Cabinet is due to meet today at Chaiyaphum Park Hotel to consider the changes.

 

Sa-ngiam Thonglamun, who represented 50,000 GPF members in Chaiyaphum, said they were against the amendment as it would not be fair to them.

 

"If our proposals do not get a response, we will take our protest to the Finance Ministry," he said.

 

Sa-ngiam said the government had already lost up to Bt60 billion of GPF funds on the stock market over the past few years and that this amendment would further cut benefits of 700,000 members nationwide.

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