September 2, 2026 – Mr. Julapun Amornvivat, Minister of Labour, received representatives of the Employers’ Council of Thailand at the Parliament Building, who called on him to discuss and present their views on the collection of savings and contributions to the Employee Welfare Fund. He listened to the employers’ proposals and will consider them when determining appropriate approaches that benefit both employers and employees.
Mr. Julapun stated that the Ministry of Labour places great importance on building security and stability for employees. At the same time, any measure affecting both employers and employees requires careful consideration of all relevant data and impacts, including operational readiness, to ensure effective implementation and fulfillment of the law’s intent.
The Employers’ Council of Thailand proposed establishing a transitional period before the collection of savings and contributions begins, reflecting the cost burden on operators, particularly small and medium-sized enterprises, as well as the need to prepare management systems and build understanding among businesses.
Mr. Julapun added that he has tasked the relevant agencies with taking the employers’ proposals and views for detailed consideration, with due regard to the protection of employees’ rights and security, alongside the economic conditions and operational readiness of businesses, to achieve a fair balance for all parties.
The Employee Welfare Fund was established under the Labour Protection Act B.E. 2541 (1998), under the supervision of the Department of Labour Protection and Welfare, to provide security for employees in the event of termination of employment or death. Under current law, the collection of savings and contributions is scheduled to commence on 1 October 2026, at a rate of 0.25 per cent from each party.
Approximately 105,416 businesses and around 5.57 million employees fall within the fund’s scope, excluding employees who are members of provident funds under the prescribed criteria.
