SSO to add support for funeral expenses

The SSO had adjusted payment in death cases for beneficiaries from Bt30,000 to Bt40,000 per case to assist the deceased subscriber's funeral expenses, he said.

This would be granted under the condition that the subscriber contribute to the Social Security Fund for at least one month within a sixmonth period prior to death, he said.

This move meant SSO would need to pay at least Bt100 million more each year.

Last year, 17,691 cases of deceased subscribers were entitled to this payment, amounting to Bt530 million.

Surin further explained that a subscriber is entitled to obtain payment in case of old age or death at an average of oneandahalfmonth of his salary.

The subscriber must contribute to the fund for three to 10 years.

If his monthly salary was Bt10,000,  he should obtain Bt15,000 if he died.

However, if he had contributed to the fund for more than 10 years, he would receive a sum equal to five months of his salary or Bt50,0000.

The payment is made to the beneficiary or beneficiaries in accordance with the deceased's instructions.