Bangkok: The Cabinet has officially acknowledged the Senate’s observations and recommendations concerning issues in the administration of the Social Security Office. This development follows a motion initiated by the Ministry of Labour to address administrative challenges within the agency.
According to Thai News Agency, Ms. Airin Phanrit, Deputy Spokesperson for the Prime Minister’s Office, stated that the Ministry of Labour and related agencies have thoroughly reviewed the Senate’s input. The review highlights the Social Security Office’s strategic initiatives, including the development of its 5th Long-Term Investment Strategic Plan, Phase 1 (2015-2027). This plan focuses on strategic investments in high-risk, high-stability assets, with an eye on expanding into foreign markets and off-market assets.
Furthermore, studies are underway to adapt operational models to enhance flexibility and administrative independence. The Social Security Office has also outlined a strategy to clear outstanding debts between fiscal years 2026 and 2029. Additionally, efforts are being made to expand coverage and improve benefits for insured individuals under Section 33 and Section 40, all without increasing contributions. To ensure these improvements reach a broad audience, information will be disseminated through various electronic channels, including the official website , Facebook, TikTok, and Line.