Pensions
Has the government made any progress in implementing the mandatory DC fund (National Pension Fund ) scheme or when is it likely to be introduced? Yes,
What is the Normal Retirement Benefits? (X% of Final Pensionable Earning OR Accumulated Contributions plus interest in the pension account?)
Pension contribution is Tax-exempt? (Yes / No)
What is the vesting period? Can employees access funds for other uses after 10 years?
The fixed EE and ER contribution rates are at 5%, will it increase as according to the length of service?
Life Assurance incl TPD
Is the provider is still JLT Life Assurance Broker Ltd &SSF. (Yes / No)
Kerry payment on TPD is 60 x monthly salary. What is the market practice in Thailand?
Do we provide Accidental Death & Dismemberment (AD&D) rider to the life policy (typical to provide at 24 x monthly salary)
Medical (part of life incl TPD scheme)
Is the provider is still JLT Life Assurance Broker Ltd &SSF. Pls kindly confirm if this is all under a single policy.
Is it correct that dependants are not covered?
Can you please confirm what benefits are covered (hospitalisation, outpatient, dental, physical examination). Are any of these self-insured?