From June to August 2021 (inclusive), monthly Social Security Fund (SSF) contributions were reduced to 2.5% (from the standard 5%) for both employees and employers, capped at ฿375 per month.
Reduced rates
| Contributor | Standard Rate | Reduced Rate | Monthly Cap |
|---|---|---|---|
| Employee | 5% | 2.5% | ฿375 |
| Employer | 5% | 2.5% | ฿375 |
Example
For an employee with a monthly salary of ฿40,000:
- Employee contribution: ฿750 → reduced to ฿375
- Employer contribution: ฿750 → reduced to ฿375
- Total monthly saving: ฿750
Note: This reduction was subsequently extended to cover September through November 2021. See our related article for details.