What happens to the employee’s provident fund in Thailand in case he/she resigns?
Panwa: In case of resignation, the member (employee) can choose to temporarily keep their money within the former employer before transferring it to the provident fund of his/her new employer. This will allow members to seamlessly maintain their retirement savings in the provident fund system. As a result, members will have enough savings when they reach retirement age and have a good quality of life after retirement.
For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th