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Calls for Modernization of Thailand’s Social Security Fund

Matichon Online One source

Weerasuk has publicly urged the Social Security Office to modernize its management, advocating for the inclusion of younger generations in fund administration.

According to a report by Matichon Online on October 17, 2026, Weerasuk has criticized the current management style of Thailand’s Social Security Fund, describing it as outdated. He argues that the organization must move away from traditional, rigid administrative practices—which he metaphorically labeled as being like a 'million-year-old turtle'—to remain relevant in a changing economic landscape.

Weerasuk’s primary recommendation is for the Social Security Office to open its doors to younger professionals, allowing them to participate in the management and decision-making processes of the fund. The core argument is that integrating fresh perspectives and modern management techniques is essential for the long-term sustainability and efficiency of the social security system.

For residents and expatriates contributing to the Thai social security system, this discussion highlights ongoing debates regarding the future governance of the fund. While this call for reform reflects a desire for improved institutional performance, it remains a proposal for structural change. It is not yet confirmed whether the Social Security Office will adopt these suggestions or implement any specific policy shifts regarding its management board. Observers should monitor official announcements from the Ministry of Labour to see if these calls for modernization lead to any concrete legislative or administrative adjustments in the near future.