Academic warns elderly will be hurt | Bangkok Post: news

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Academic warns elderly will be hurt

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The government's plan to scrap the National Savings Fund will have a severe impact on the elderly, a researcher from the Thailand Development Research Institute says. 

Worawan Chandoevwit said the Finance Ministry's plan to replace the fund with the retirement scheme under Section 40 of the existing Social Security Fund (SSF) Act would hurt the elderly and be in conflict with the policy on public participation.

The government should take into account equality and public participation when making any decisions, she said.

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