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National

Labour Minister Pushes CARE Pension Formula Approval

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Labour Minister Pushes CARE Pension Formula Approval
5h ago Khaosod

On October 22, 2026, reporters covered a joint meeting between Labour Minister Chulapan Amornvivat and the Progressive Social Security team led by Sathit Thammawut. The discussion focused on advancing social security reform after the team won the Social Security Board election on October 21. A key agenda item was the progress of a ministerial regulation to change the old-age pension calculation to the CARE (Career-Average Revalued Earnings) formula, following cabinet approval in principle on July 14, 2026.

Minister Chulapan revealed the draft is currently at the Office of the Council of State undergoing legal review. He said he would monitor progress this week to identify any bottlenecks in the legal process, which falls under other agencies' responsibility. He emphasized the Labour Ministry can expedite matters within its authority but must seek cooperation for issues outside its mandate.

Asked about reports that the CARE formula would take effect in January 2027, Chulapan noted that Sathit had previously confirmed budget approval for developing the M&A and e-Self Service Core systems related to CARE calculations, though the timeline for further software development remains unclear.

Sathit stated the new structure and necessary budgets have been fully prepared. The Social Security Board approved the calculation system development budget in September, so the infrastructure is ready. Only publication in the Royal Gazette remains.

Regarding delays since the July cabinet approval, Sathit said the minister confirmed the ministry's work passed cabinet. Remaining hold-ups may involve the Council of State, and once cleared, the Social Security Office must carry out the next steps. He stressed the fundamental infrastructure, budget, and preparations are all complete.

On whether CARE can launch next year, Sathit said it depends primarily on Royal Gazette publication. With all structures ready, implementation should follow the legally prescribed timeline once published. In terms of payment readiness, everything is prepared; only legal procedures and related announcements remain.

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National

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National

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National

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