Skip to main content
padlock icon - secure page this page is secure

Impact of the National Pension Fund on the Suitability of Elderly Pensions in Thailand

Buy Article:

$52.00 + tax (Refund Policy)

This study combines a traditional hypothetical worker approach with the techniques of stochastic forecasting to provide a better sense about the suitability of the pension system for formal sector private workers in Thailand. With regard to the proposed defined-contribution pension, we find that workers with a 40-year career can only expect a median replacement rate of approximately 13–14¬†percent of their final 5¬†years of income. Most of the pension benefits will still likely come from the unsustainable defined-benefit pension system and further reforms will be needed to maintain suitable pensions.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Keywords: H55; Thailand; defined-contribution pension; pension suitability; stochastic forecast

Document Type: Research Article

Affiliations: National Graduate Institute for Policy Studies, 7-22-1 Roppongi, Minato-ku, Tokyo 106-8677, Japan

Publication date: March 1, 2009

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more