Savings fund may get a boost | Bangkok Post: business

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Savings fund may get a boost

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The Finance Ministry wants to increase state contributions to members of the National Savings Fund to help encourage citizens to participate in the retirement scheme. 

Public contributions are currently set at a maximum of 100% of member contributions, with a limit of no more than 1,200 baht per year.

Somchai Sujjapongse, the director-general of the Fiscal Policy Office, said Finance Minister Kittiratt Na-Ranong has indicated state contributions to the fund should be increased to better benefit participants.

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