The pension advance programme allows retired officials to request advance pension payments of up to 15 time their final monthly salaries but not exceeding 200,000 baht.
It was set up as a way to provide financial assistance to. The retirees as well as boost the economy.
Supa piyajitti deputy chief of the controller general's department said 208,118 retired officials or 80.51% out of the 258,484 eligible retirees had submitted requests for the pension advances from the ministry with a total value equal to 32.5 billion baht.