Social Security Office Announces Increase in Old-Age Pension Benefits

Bangkok: The Social Security Office has reaffirmed its commitment to maintaining fund stability and generating real returns to support retirement security, as it announces an increase in old-age pension benefits for insured persons. The announcement highlights the organization's ongoing efforts to efficiently manage funds for the long-term care of its insured members.

According to Thai News Agency, the Social Security Office recently delivered promising news to insured persons nationwide by disclosing the rate of return on old-age pension benefits for the year 2025. These changes were published in the Royal Gazette on April 1, 2026, and will take effect from April 2, 2026. This reflects the office's dedication to ensuring stable and efficient fund management to benefit insured persons.

Ms. Kanjana Poolkaew, Secretary-General of the Social Security Office, stated that insured persons under Section 33 and Section 39 will receive an annual return of 2.97 percent, while those under Section 40, Options 2 and 3, will enjoy a return of 3.58 percent per year. This increase is attributed to proficient investment management under the 2025 investment plan, aimed at maximizing benefits for all insured persons.

For those eligible to receive a retirement pension, insured persons under Section 33 and Section 39 who have reached the age of 55 and whose insured status has ended, but have not made contributions for a full 180 months, will receive a lump-sum payment equivalent to their contributions along with a specified annual return. Meanwhile, insured persons under Section 40, Options 2 and 3, who have reached the age of 60 and whose insured status has ended, will receive their accumulated savings with returns. Additionally, they have the option to increase their savings further to enhance their financial security during retirement.