Increase in seniors' allowance proposed

SUNDAY, OCTOBER 16, 2011
Increase in seniors' allowance proposed

The Interior Ministry will seek Cabinet approval for a Bt52 billion budget to increase senior citizens' monthly allowance from a flat Bt500 to a maximum of Bt1,000, according to their age bracket.

All Thai nationals when they reach 60 years of age currently receive a fixed Bt500 a month, according to a policy that costs the government Bt16 billion per year.

A source said yesterday that the ministry has proposed that those who are aged 60-69 will receive Bt600, rising to Bt700 for those 70-79, Bt800 for those 80-89 and Bt1,000 for those 90 and up.

The government will allocate the additional funds from the fiscal 2012 budget.