GPF prepares 27 billion baht to pay back retired members, offering “continued savings services” for continued investment.
Dr. Srikanya Yathip, secretary-general of the Government Pension Fund Committee (GPF), revealed that as of September 30, 2023, there were 21,223 GPF members who retired from government service. GPF is preparing to pay back money to members who have terminated their membership and will apply for a refund. Cashback of 27,000 million baht. GPF estimates that the amount that members will receive will average 1.3 million baht per member. Members can be paid back within 7 working days after GPF receives complete and correct documents. and the announcement of retirement is effective.
Dr. Srikanya added that GPF members have retired from government service. If you don’t have a plan to use the lump sum money. You can continue to use savings services with GPF to allow GPF to manage your investments to create continuous returns. In the past, members who continued saving increased every year. As of 31 Aug. ’23, there were 6,230 former members who continued saving for a maximum of 15 years. Those interested are waiting to continue saving. There are 2 ways to report your wish: 1) Report your wish through the pension and medical welfare system (Digital Pension) of the Comptroller General’s Department, and 2) Report your wish through your primary agency and fill out the form GPF Rong 008/1/. 2012
There are 4 forms of resaving service: 1. Resaving the entire amount 2. Gradually receiving money in installments such as monthly, 3-monthly, 6-monthly or yearly 3. Requesting some money, leaving the rest for GPF to manage and 4. Request some money The remaining money will be received gradually in installments. Members can choose to use the service as needed and in an appropriate format according to the member’s needs. You can also inform about changing your savings format twice a year through the My GPF Application in the “Continue Savings” menu.
Members can ask for more information at Facebook GPF or LINE GPF @gpfcommunity. or the Member Information Center, call 1179.-Thai News Agency
Source: Thai News Agency