Reduction of Social Security contribution rates

On October 22, 2024, The Thai Cabinet resolved to approve the draft Ministerial Regulation of the Ministry of Labor regarding the reduction of compulsory Social Security contribution rates for both employers and employees for 6 months in 42 provinces affected by the flood.

Reduction of Social Security contributions Rates for 6 months, details as follows:

Contributor	Normal Rate	Reduced Rate	Extended Period
Employer under Section 33 (mandatory)	5 % (maximum rate at THB 750)	3 % (maximum rate at THB 450)	October 2024 - March 2025
Insured person under Section 33 (mandatory)	5 % (maximum rate at THB 750)	3 % (maximum rate at THB 450)	October 2024 - March 2025
Insured person under Section 39 (voluntary)	9 % (THB 432)	5.9 % (THB 283)	October 2024 - March 2025

Extending the period for submitting Social Security contributions for 3 months, details as follows:

The Salary	Normal Contribution Period	Extended Contribution Period
September 2024	within October 15, 2024	within January 15, 2025
October 2024	within November 15, 2024	within February 15, 2025
November 2024	within December 15, 2024	within March 15, 2025
December 2024	within January 15, 2025	within April 15, 2025

List of 42 provinces:

Regions	Province
Northern	Kamphaeng Phet
	Chaing Rai
	Chaing Mai
	Tak
	Nakhon Sawan
	Nan
	Phayao
	Phichit
	Phitsanulok
	Phetchabun
	Phrae
	Mae Hong Son
	Lampang
	Lamphun
Central	Kanchanaburi
	Nakhon Nayok
	Nakhon Pathom
	Saraburi
	Sukhothai
	Ang Thong
Northeastern	Kalasin
	Khon Kaen
	Chaiyaphum
	Nakhon Phanom
	Nakhon Ratchasima
	Bueng Kan
	Maha Sarakham
	Mukdahan
	Roi Et
	Loei
	Nong Khai
	Nong Bua Lamphu
	Udon Thani
	Uttaradit
Southern	Krabi
	Chumphon
	Trang
	Nakhon Si Thammarat
	Phang Nga
	Phuket
	Satun
	Surat Thani

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Reduction of Social Security contribution rates

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