Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs
This policy note examines Thailand's programs for preventing poverty among the elderly, and suggests options for improving the effectiveness of these programs. The number of elderly people in Thailand will increase dramatically over the next...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/949741468120871479/Reducing-elderly-poverty-in-Thailand-the-role-of-Thailands-pension-and-social-assistance-programs http://hdl.handle.net/10986/26767 |
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okr-10986-26767 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACCOUNT HOLDERS AGE DISTRIBUTION AGING POPULATION AGRICULTURAL COOPERATIVES ANNUITIES ANNUITY ASSET VALUE BANK DEBT BANK DEPOSITS BANK OFFICE BASIC BENEFITS BENEFICIARY BENEFIT FORMULA BENEFIT LEVEL BENEFIT LEVELS BOTH SEXES CERTIFICATES OF DEPOSIT CITIZENS CIVIL SERVICE PENSION CIVIL SOCIETY ORGANIZATIONS COMMERCIAL BANKS COMMUNITY DEVELOPMENT CONSUMPTION EXPENDITURE CONSUMPTION SMOOTHING CONTRIBUTION COLLECTION CONTRIBUTION PAYMENTS CONTRIBUTION RATE CONTRIBUTION RATES COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE DEBT CORRUPTION CREDIBILITY DEBT DEBT INSTRUMENTS DEFINED BENEFIT DEFINED CONTRIBUTION PENSION DEPENDENCY RATIO DEPENDENCY RATIOS DISABILITY DISSEMINATION ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELDERLY ELDERLY PEOPLE ELDERLY PERSONS ELDERLY POPULATION EQUITIES EXCHANGE COMMISSION EXISTING INFRASTRUCTURE EXPENDITURE EXPENDITURES FAMILIES FAMILY MEMBERS FAMILY SUPPORT FEMALE FERTILITY FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FORMAL PENSIONS FRAUD FUND MANAGERS FUTURE PAYMENTS GENDER GOVERNMENT BONDS GOVERNMENT PENSION GOVERNMENT POLICY GOVERNMENT SAVINGS GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH CARE HEALTH INSURANCE HOUSEHOLD INCOME HUMAN SECURITY INCOME LEVEL INCOME LEVELS INCOME TAX INDIVIDUAL ACCOUNT INDIVIDUAL ACCOUNTS INEQUALITY INFLATION INFORMAL SECTOR INFORMAL SECTORS INSURANCE INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS INVESTING INVESTMENT INCOME INVESTMENT MANAGEMENT INVESTMENT MANAGERS INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENT RATE IRREGULAR INCOME LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LEGAL FRAMEWORK LEGAL STATUS LIABILITY LIFE EXPECTANCY LIQUIDITY MARKET SECURITIES MICROFINANCE MICROFINANCE INSTITUTIONS MINIMUM BENEFIT MOBILE PHONE MONTHLY CONTRIBUTIONS MORTALITY MUTUAL FUND MUTUAL FUNDS NATIONAL PENSION NATIONAL SAVING NATIONAL SAVINGS NUMBER OF CHILDREN OLD AGE OLD-AGE OLD-AGE PENSION OLDER PEOPLE PENSION PENSION ACCOUNT PENSION ACCOUNTS PENSION AGE PENSION BENEFICIARIES PENSION BENEFIT PENSION BENEFITS PENSION COST PENSION FUND PENSION PAYMENTS PENSION PLAN PENSION PLANS PENSION POLICY PENSION PROGRAM PENSION PROGRAMS PENSION REGULATOR PENSION SAVINGS PENSION SCHEME PENSION SCHEMES PENSION SUPERVISION PENSION SYSTEM PENSION SYSTEMS PENSION TRANSFER PENSIONERS PERSONAL ASSETS PERSONAL INCOME PHONE BANKING POLICY MAKERS POLITICAL SUPPORT POOR FAMILIES POPULATION PROJECTIONS POST OFFICE PRIMARY EDUCATION PRIVATE PENSION PROVIDENT FUND PROVIDENT FUNDS PUBLIC EDUCATION RATE OF RETURN RATES OF RETURN REAL ESTATE REMOTE AREAS REMOTE LOCATIONS RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT PENSION RETIREMENT PROGRAMS RETIREMENT SAVINGS SALARY HISTORY SAVINGS BANK SECURITIES SEX SEXES SHORT-TERM SAVINGS SOCIAL ASSISTANCE SOCIAL COST SOCIAL DEVELOPMENT SOCIAL PENSION SOCIAL PENSIONS SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SECURITY SOLVENCY STATE BANK STATE ENTERPRISE TAX TRANSACTION TRANSACTION COSTS TRANSPARENCY TREASURY TREASURY BILLS VOLATILITY VOLUNTARY PENSION VULNERABILITY WEDDINGS WILL WITHDRAWAL WORK FORCE WORKER CONTRIBUTIONS WORKFORCE |
| spellingShingle |
ACCOUNT HOLDERS AGE DISTRIBUTION AGING POPULATION AGRICULTURAL COOPERATIVES ANNUITIES ANNUITY ASSET VALUE BANK DEBT BANK DEPOSITS BANK OFFICE BASIC BENEFITS BENEFICIARY BENEFIT FORMULA BENEFIT LEVEL BENEFIT LEVELS BOTH SEXES CERTIFICATES OF DEPOSIT CITIZENS CIVIL SERVICE PENSION CIVIL SOCIETY ORGANIZATIONS COMMERCIAL BANKS COMMUNITY DEVELOPMENT CONSUMPTION EXPENDITURE CONSUMPTION SMOOTHING CONTRIBUTION COLLECTION CONTRIBUTION PAYMENTS CONTRIBUTION RATE CONTRIBUTION RATES COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE DEBT CORRUPTION CREDIBILITY DEBT DEBT INSTRUMENTS DEFINED BENEFIT DEFINED CONTRIBUTION PENSION DEPENDENCY RATIO DEPENDENCY RATIOS DISABILITY DISSEMINATION ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELDERLY ELDERLY PEOPLE ELDERLY PERSONS ELDERLY POPULATION EQUITIES EXCHANGE COMMISSION EXISTING INFRASTRUCTURE EXPENDITURE EXPENDITURES FAMILIES FAMILY MEMBERS FAMILY SUPPORT FEMALE FERTILITY FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FORMAL PENSIONS FRAUD FUND MANAGERS FUTURE PAYMENTS GENDER GOVERNMENT BONDS GOVERNMENT PENSION GOVERNMENT POLICY GOVERNMENT SAVINGS GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH CARE HEALTH INSURANCE HOUSEHOLD INCOME HUMAN SECURITY INCOME LEVEL INCOME LEVELS INCOME TAX INDIVIDUAL ACCOUNT INDIVIDUAL ACCOUNTS INEQUALITY INFLATION INFORMAL SECTOR INFORMAL SECTORS INSURANCE INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS INVESTING INVESTMENT INCOME INVESTMENT MANAGEMENT INVESTMENT MANAGERS INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENT RATE IRREGULAR INCOME LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LEGAL FRAMEWORK LEGAL STATUS LIABILITY LIFE EXPECTANCY LIQUIDITY MARKET SECURITIES MICROFINANCE MICROFINANCE INSTITUTIONS MINIMUM BENEFIT MOBILE PHONE MONTHLY CONTRIBUTIONS MORTALITY MUTUAL FUND MUTUAL FUNDS NATIONAL PENSION NATIONAL SAVING NATIONAL SAVINGS NUMBER OF CHILDREN OLD AGE OLD-AGE OLD-AGE PENSION OLDER PEOPLE PENSION PENSION ACCOUNT PENSION ACCOUNTS PENSION AGE PENSION BENEFICIARIES PENSION BENEFIT PENSION BENEFITS PENSION COST PENSION FUND PENSION PAYMENTS PENSION PLAN PENSION PLANS PENSION POLICY PENSION PROGRAM PENSION PROGRAMS PENSION REGULATOR PENSION SAVINGS PENSION SCHEME PENSION SCHEMES PENSION SUPERVISION PENSION SYSTEM PENSION SYSTEMS PENSION TRANSFER PENSIONERS PERSONAL ASSETS PERSONAL INCOME PHONE BANKING POLICY MAKERS POLITICAL SUPPORT POOR FAMILIES POPULATION PROJECTIONS POST OFFICE PRIMARY EDUCATION PRIVATE PENSION PROVIDENT FUND PROVIDENT FUNDS PUBLIC EDUCATION RATE OF RETURN RATES OF RETURN REAL ESTATE REMOTE AREAS REMOTE LOCATIONS RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT PENSION RETIREMENT PROGRAMS RETIREMENT SAVINGS SALARY HISTORY SAVINGS BANK SECURITIES SEX SEXES SHORT-TERM SAVINGS SOCIAL ASSISTANCE SOCIAL COST SOCIAL DEVELOPMENT SOCIAL PENSION SOCIAL PENSIONS SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SECURITY SOLVENCY STATE BANK STATE ENTERPRISE TAX TRANSACTION TRANSACTION COSTS TRANSPARENCY TREASURY TREASURY BILLS VOLATILITY VOLUNTARY PENSION VULNERABILITY WEDDINGS WILL WITHDRAWAL WORK FORCE WORKER CONTRIBUTIONS WORKFORCE World Bank Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs |
| geographic_facet |
East Asia and Pacific Thailand |
| description |
This policy note examines
Thailand's programs for preventing poverty among the
elderly, and suggests options for improving the
effectiveness of these programs. The number of elderly
people in Thailand will increase dramatically over the next
30 years, and the elderly already have a higher poverty rate
than the population as a whole. Although Thailand currently
has a total of eight pension programs, the majority of the
benefits go to those who are not poor. In addition, unlike
most countries, Thailand lacks a pension and provident fund
supervision agency or a consolidated financial institution
regulator, and does not appear to have a well-articulated
national pension policy. This has led to the development of
two major sets of pension programs, with one group sponsored
by the ministry of labor and the social security office, and
the other by the ministry of finance and the securities
commission. These are also supplemented by an assortment of
social assistance and community programs sponsored by the
ministry of social development and human security and the
ministry of interior. This policy note will examine the
above issues in more detail and recommend policy options to
simplify and coordinate the various pension and social
assistance programs aimed at preventing poverty among the
elderly, target more spending at the elderly poor, and
assure long-term fiscal sustainability. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs |
| title_short |
Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs |
| title_full |
Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs |
| title_fullStr |
Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs |
| title_full_unstemmed |
Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs |
| title_sort |
reducing elderly poverty in thailand : the role of thailand's pension and social assistance programs |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/949741468120871479/Reducing-elderly-poverty-in-Thailand-the-role-of-Thailands-pension-and-social-assistance-programs http://hdl.handle.net/10986/26767 |
| _version_ |
1764462790644334592 |
| spelling |
okr-10986-267672021-04-23T14:04:38Z Reducing Elderly Poverty in Thailand : The Role of Thailand's Pension and Social Assistance Programs World Bank ACCOUNT HOLDERS AGE DISTRIBUTION AGING POPULATION AGRICULTURAL COOPERATIVES ANNUITIES ANNUITY ASSET VALUE BANK DEBT BANK DEPOSITS BANK OFFICE BASIC BENEFITS BENEFICIARY BENEFIT FORMULA BENEFIT LEVEL BENEFIT LEVELS BOTH SEXES CERTIFICATES OF DEPOSIT CITIZENS CIVIL SERVICE PENSION CIVIL SOCIETY ORGANIZATIONS COMMERCIAL BANKS COMMUNITY DEVELOPMENT CONSUMPTION EXPENDITURE CONSUMPTION SMOOTHING CONTRIBUTION COLLECTION CONTRIBUTION PAYMENTS CONTRIBUTION RATE CONTRIBUTION RATES COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE DEBT CORRUPTION CREDIBILITY DEBT DEBT INSTRUMENTS DEFINED BENEFIT DEFINED CONTRIBUTION PENSION DEPENDENCY RATIO DEPENDENCY RATIOS DISABILITY DISSEMINATION ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELDERLY ELDERLY PEOPLE ELDERLY PERSONS ELDERLY POPULATION EQUITIES EXCHANGE COMMISSION EXISTING INFRASTRUCTURE EXPENDITURE EXPENDITURES FAMILIES FAMILY MEMBERS FAMILY SUPPORT FEMALE FERTILITY FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FORMAL PENSIONS FRAUD FUND MANAGERS FUTURE PAYMENTS GENDER GOVERNMENT BONDS GOVERNMENT PENSION GOVERNMENT POLICY GOVERNMENT SAVINGS GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH CARE HEALTH INSURANCE HOUSEHOLD INCOME HUMAN SECURITY INCOME LEVEL INCOME LEVELS INCOME TAX INDIVIDUAL ACCOUNT INDIVIDUAL ACCOUNTS INEQUALITY INFLATION INFORMAL SECTOR INFORMAL SECTORS INSURANCE INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS INVESTING INVESTMENT INCOME INVESTMENT MANAGEMENT INVESTMENT MANAGERS INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENT RATE IRREGULAR INCOME LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LEGAL FRAMEWORK LEGAL STATUS LIABILITY LIFE EXPECTANCY LIQUIDITY MARKET SECURITIES MICROFINANCE MICROFINANCE INSTITUTIONS MINIMUM BENEFIT MOBILE PHONE MONTHLY CONTRIBUTIONS MORTALITY MUTUAL FUND MUTUAL FUNDS NATIONAL PENSION NATIONAL SAVING NATIONAL SAVINGS NUMBER OF CHILDREN OLD AGE OLD-AGE OLD-AGE PENSION OLDER PEOPLE PENSION PENSION ACCOUNT PENSION ACCOUNTS PENSION AGE PENSION BENEFICIARIES PENSION BENEFIT PENSION BENEFITS PENSION COST PENSION FUND PENSION PAYMENTS PENSION PLAN PENSION PLANS PENSION POLICY PENSION PROGRAM PENSION PROGRAMS PENSION REGULATOR PENSION SAVINGS PENSION SCHEME PENSION SCHEMES PENSION SUPERVISION PENSION SYSTEM PENSION SYSTEMS PENSION TRANSFER PENSIONERS PERSONAL ASSETS PERSONAL INCOME PHONE BANKING POLICY MAKERS POLITICAL SUPPORT POOR FAMILIES POPULATION PROJECTIONS POST OFFICE PRIMARY EDUCATION PRIVATE PENSION PROVIDENT FUND PROVIDENT FUNDS PUBLIC EDUCATION RATE OF RETURN RATES OF RETURN REAL ESTATE REMOTE AREAS REMOTE LOCATIONS RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT PENSION RETIREMENT PROGRAMS RETIREMENT SAVINGS SALARY HISTORY SAVINGS BANK SECURITIES SEX SEXES SHORT-TERM SAVINGS SOCIAL ASSISTANCE SOCIAL COST SOCIAL DEVELOPMENT SOCIAL PENSION SOCIAL PENSIONS SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SECURITY SOLVENCY STATE BANK STATE ENTERPRISE TAX TRANSACTION TRANSACTION COSTS TRANSPARENCY TREASURY TREASURY BILLS VOLATILITY VOLUNTARY PENSION VULNERABILITY WEDDINGS WILL WITHDRAWAL WORK FORCE WORKER CONTRIBUTIONS WORKFORCE This policy note examines Thailand's programs for preventing poverty among the elderly, and suggests options for improving the effectiveness of these programs. The number of elderly people in Thailand will increase dramatically over the next 30 years, and the elderly already have a higher poverty rate than the population as a whole. Although Thailand currently has a total of eight pension programs, the majority of the benefits go to those who are not poor. In addition, unlike most countries, Thailand lacks a pension and provident fund supervision agency or a consolidated financial institution regulator, and does not appear to have a well-articulated national pension policy. This has led to the development of two major sets of pension programs, with one group sponsored by the ministry of labor and the social security office, and the other by the ministry of finance and the securities commission. These are also supplemented by an assortment of social assistance and community programs sponsored by the ministry of social development and human security and the ministry of interior. This policy note will examine the above issues in more detail and recommend policy options to simplify and coordinate the various pension and social assistance programs aimed at preventing poverty among the elderly, target more spending at the elderly poor, and assure long-term fiscal sustainability. 2017-05-30T19:03:09Z 2017-05-30T19:03:09Z 2012-10 Report http://documents.worldbank.org/curated/en/949741468120871479/Reducing-elderly-poverty-in-Thailand-the-role-of-Thailands-pension-and-social-assistance-programs http://hdl.handle.net/10986/26767 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Other Poverty Study Economic & Sector Work East Asia and Pacific Thailand |