From February to March 2021 (inclusive), Social Security Fund (SSF) contribution rates were reduced, with a sharper cut for employees than employers.
Reduced rates
| Contributor | Standard Rate | Reduced Rate | Monthly Cap |
|---|---|---|---|
| Employee | 5% | 0.5% | ฿75 |
| Employer | 5% | 3% | ฿450 |
Example
For an employee with a monthly salary of ฿40,000:
- Employee contribution: ฿750 → reduced to ฿75
- Employer contribution: ฿750 → reduced to ฿450
- Total monthly saving: ฿975
Note: The sharper reduction for employees was designed to provide more immediate financial relief to workers' take-home pay during the COVID-19 pandemic.