The Ministerial Regulations Fixing Rates of Social Security Fund Contributions B.E. 2565 (the “Regulations”) entered into force from the 1st of October 2022 and were published on the 5th of October 2022 in the Ministerial Information Bulletin No. 10855. Pursuant to Section 7, paragraph 1, and Section 46, paragraphs 1 and 2, of the Social Security Act B.E. 2533 (1990), as amended by the Social Security Act (No. 3) B.E. 2542 (1999), the Regulations repealed and replaced earlier directives.
The Regulations stipulate that the Government, an employer, and an insured person under Section 33 must remit contributions to the Social Security Fund for payment of compensation benefits in cases of injury or sickness, disability, death, child delivery, child welfare, old age, and unemployment, in accordance with the following contribution rate schedules:
As from 1st October 2022 until 31st December 2022, the rates in Schedule A apply:
Schedule A: Contribution Rates
As from 1st January 2023 onwards, the rates in Schedule B apply:
Schedule B: Contribution Rates