What's the difference between Social Security vs Compensation Fund?

Social Security News

18 Mar 2023
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What's the difference between Social Security vs Compensation Fund?

      Join us today to learn about compensation fund and social security, with a focus on clarifying any doubts. Social security is a joint fund contributed by employees, employers, and the government that provides insurance coverage in 6 non-work related cases

  • Sickness
  • Childbirth
  • Disability
  • Deceased
  • Child support
  • Old age

      Learn about the employer-contributed Compensation Fund and its benefits for employees. 

  • The fund covers medical expenses up to 2 million baht
  • Monthly compensation (70% of monthly wages)
  • Work rehabilitation fees
  • Funeral expenses in the event of illness, disability, or death caused by work-related accidents."

      Difference between compensation fund and social security

The Workmen's Compensation Fund takes care of employees who are ill due to working for the employer, while the Social Security takes care of those insured who are sick due to non-work related work.

      Social security when sick, must receive treatment from the selected medical facility without prescribing medical fees. The compensation fund can be treated from any hospital, but must be paid in advance. If it is not a hospital that the Compensation Fund has entered into an agreement and the medical fee ceiling has been set

      Social security scheme can be transferred from today - March 31, 2023.

If social security scheme have been transferred to our hospital. 
Click to receive benefits at : https://bit.ly/PHsso66

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