Social Security Office Details Benefits for Insured Persons Paying 875 Baht

The Social Security Office explains in detail what benefits insured persons receive when paying the maximum contribution of 875 baht per month.

FacebookSocial Security Office, Ministry of Laborposted a message about"Do insured persons know what benefits they get by paying 875 baht?"It states that for those earning wages of 17,500 baht or more, the maximum contribution is 875 baht per month. Those earning less than this threshold pay 5% of their actual wages, for example, someone earning 10,000 baht pays 500 baht per month.

The 875 baht monthly contribution is systematically allocated to cover insured persons in seven key cases as follows:

1. Coverage for four basic cases (262.50 baht)

• Sickness: free unlimited medical treatment
• Childbirth: lump sum delivery payment of 15,000 baht with no limit on number of times, prenatal care of 1,500 baht, and maternity leave allowance for female insured persons up to 26,250 baht
• Disability: lifelong compensation up to 8,750 baht per month
• Death: funeral expenses of 50,000 baht and death benefits (if contributions have been paid for 36 months or more)

2. Unemployment case (87.50 baht): receive unemployment compensation up to approximately 10,500 baht per month

3. Old-age savings and child allowance (525 baht): the largest portion

• Child allowance: 1,000 baht per month per child (child under 6 years old)
• Old age: savings in the form of lump sum or pension, with employers contributing an equal amount, totaling 1,050 baht in combined contributions per month.

For insured persons who have never used any benefits, they can rest assured that old-age savings will support them in retirement. Additionally, if an insured person dies, eligible heirs receive funeral expenses, death benefits, and the insured person's old-age lump sum as financial security, ensuring the Social Security Office continues to support the insured person's family in unforeseen circumstances.

Thank you to the Facebook page of the Social Security Office, Ministry of Labor