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Thailand (433) > Old-age, invalidity and survivors benefit (11)

Name: Provident Fund Act, (No. 3) B.E. 2550 [2007].
Country: Thailand
Subject(s): Old-age, invalidity and survivors benefit
Type of legislation: Law, Act
Adopted on: 2007-12-12
Entry into force:
Published on: Royal Thai Government Gazette, 2008-04, Vol. 62, No. 4, pp. 159-164 (INFORM - P60810)
ISN: THA-2007-L-80404
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=80404&p_lang=en
Bibliography: Royal Thai Government Gazette, 2008-04, Vol. 62, No. 4, pp. 159-164 (INFORM - P60810)
Abstract/Citation: Amends the Provident Fund Act, B.E. 2530 [1987].
Provides for the regulation of the Provident Fund, the establishment and management of the fund, its assets. Amends section 3 with respect to some definitions; section 5 concerning the establishment of the fund; section 7/1 concerning the assets to be in the fund; section 9(8) concerning payment when an employee's membership to the fund expires; section 9(10) concerning requirements relating to a general meeting. Adds new sections 16 and 17 on investments and recording of revenues. Section 23 is also amended concerning payments out of the fund; section 23/1, 23/2, and 23/3 are also added; sections 24 and 35 are also amended
Amended text(s):

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