Pension scheme for farmers

Breaking News July 23, 2014 00:00

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Farmers in the future may benefit from a pension when they reach retirement age, Rice Department director general Charnpittaya Chimplee said on Wednesday.

Under a draft bill dealing with the farmers and rice development fund, farmer members will pay about three per cent of their monthly income to the fund and the state will also contribute an unspecified amount. When the farmers retire at the age of 60 or 65, they will have a monthly pension of about Bt4,000.
The Nation

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