Tax News No. 227 November 2015

Tax News No. 227 November 2015

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Comparative table of Beneficial Compensation and Punishment between old Law and new Law of Social Security

Comparative table of Beneficial Compensation and Punishment between old Law and new Law of Social Security
Various Issues Social Security Act B.E.2533 Social Security Act (No.4) B.E.2558
Extension of Protection (Temporary Employee) Except Monthly temporary employee Coverage of all kind of temporary employee
Extension of Protection (Employee who works) None It covers in employee who works for employer having
permanently in overseas) business place in Thailand, is assigned to work permanently in overseas.
Decrease of social security fund for employer and secured person in case of serious disasters arisen to impact economic status None Have
Deduction and remittance of Social Security Fund It shall be deemed that the secured person has already paid social security fund on the date of an employer deducting a wage. It shall be deemed that the secured person has already paid social security fund on the due date of a wage payment.
Surcharge No limit Not exceeding social security fund as must be remitted
Beneficial Compensation for health promotion and disease prevention None Have
Condition of transfer and enforcement None It shall not be transferred and not be liable for enforcement
Period of submission of application for receiving compensation Within 1 year from the date of having the right to apply for compensation. Within 2 years from the date of having the right to apply for compensation.
In case of an insured person receives a beneficial compensation for a lack of income from various cases There is entitled to receive only one case. There is entitled to receive a beneficial compensation for a lack of income in 2 cases, both in maternity and illness or disability.
In case of facing to damage or illness as not related to working None Payment for health promotion and disease prevention, recovery of ability and primary aid in case of incurring damage from receiving a medical service.
Beneficial Compensation from Maternity Not exceeding 2 times No limit
Beneficial Compensation from disability It must be faced with danger or illness that is not arising from working, and such occurrence causes to loss of phisical body or permanent loss of ability or permanent loss of a normal status in mind more than 50% When the level of loss is in serious under rules as prescribed by a board of doctors that a loss of ability in permanent may not reach to 50%
When the level of loss is in serious under rules as prescribed by a board of doctors that a loss of ability in permanent may not reach to 50% 1)If the remittance of fund is done for 36 months it shall be received 50% of monthly wage X 3
2)If the remittance of fund is done for 120 months it shall be received 50% of monthly wage X 10
1)If the remittance of fund is done for 36 months it shall be received 50% of monthly wage X 4
2)If the remittance of fund is done for 120 months it shall be received 50% of monthly wage X 12
Beneficial Compensation from Child Allowance Not exceeding 2 persons Not exceeding 3 persons
Beneficial Compensation from old age 1)No case of an old age of a foreign person
2)1st Group is divided into 3 categories
3)None
1)Foreign person who was expired for a secured person and no intension to stay in Thailand, is entitled to receive a beneficial compensation from old age.
2)1st Group is divided into 4 categories, increase of the person whom is notified in writing by a secured person
3)2nd Group in case of nothing receiver in 1st group, as follows:
(1)Brother and sister of full blood
(2)Brother and sister of half blood
(3)Grandfather, grandmother
(4)Ancle, aunt
(5)First cut off after
(6)In the same level will be allocated
Beneficial Compensation from unemployment arising from Force Majure None The insured person is entitled to receive compensation
Punishment in case of not filing the social security fund returns within due time under Section 47 None There shall be punished in prisonment not more than6 months or fine not more than Baht 20,000 or both

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