Govt owes Bt52.1bn to social security fund

TUESDAY, JANUARY 24, 2012
Govt owes Bt52.1bn to social security fund

The board of the Social Security Office (SSO) Tuesday "reminded" the government of more than Bt52.1 billion it has not yet given to the SSO in accumulative state contribution, citing worries that it would have been a fiscal burden becoming heavier on th

 

Board spokesman Chawalit Arkhomthon said Tuesday that the board "had been concerned" that the unpaid amounts would burden the government in the next years. Of Bt62.532 billion in SSO coverage in seven payments which would be contributed through government subsidy to beneficiaries, the SSO has received only Bt10.432 bilion.
 
The government's contribution of Bt10.432 bilion was last received by the SSO in May 2010. The SSO has not received Bt26.111 billion in the entire 2011. The SSO is supposed to receive another Bt26.670 billion in the entire 2012.
The Nation