Cooperative League representatives discuss with the Minister of Labor to push informal sector workers into Section 40.

Cooperative League representatives discuss “Pipat”, Minister of Labor, pushing for informal workers to enter Section 40. December 27, 2023 at 1:30 p.m. Mr. Pipat Ratchakitprakarn, Minister of Labor Welcoming Mr. Thongchai Wittayanukorn, representative of the Cooperative League. The president of the Thailand Workplace Savings Cooperative Club and the group met to discuss guidelines for promoting and supporting cooperatives in work places. As well as improving the quality of life of workers and their families through the cooperative system, with Mr. Siraphop Duangsodsri, Assistant Minister of Labor, Mr. Aree Krainara, Secretary to the Minister of Labor, Mr. Samas Pattamasukont, Inspector General of the Ministry of Labor. along with executives of the Ministry of Labor Join in the welcome at Chatumongkol Room, 6th Floor, Ministry of Labor Building. Mr. Pipat Ratchakitprakarn, Minister of Labor, said today’s discussion It was a joint discussion on ways to promote and support cooperatives in workplaces. as well as improving the quality of life of workers and their families through the cooperative system which the Welfare Department and labor protection has driven the promotion of the establishment of savings cooperatives in business establishments. To request cooperation in organizing economic labor welfare in the form of establishing a savings cooperative. To encourage employees to have sustainable savings And can be a source of loan benefits if there is financial need at a low interest rate that is fair to employees in the business establishment. For fiscal year 2024, there is an action plan for promoting the establishment of savings cooperatives in business establishments. By setting up projects and organizing important activities. Sufficiency Economy Project and strengthening the economic security of workers and proactive public relations Public relations activities to create awareness of the Labor Fund loan service. Including savings cooperative seminar activities and credit unions in business establishments and state enterprises to strengthen financial discipline and savings. THAILAND SAVING CO-OP 2024 also recommends that cooperative members apply to become insured, Section 40, in order to receive benefits. In terms of compensation for lost income In case of danger or illness Compensation for loss of income in the case of disability, funeral expenses in the case of death/death allowance old age pension and child allowance Mr. Thongchai, president of the Thailand Workplace Savings Cooperative Club, said that he would like to thank the Minister of Labor. that gives an opportunity to listen to problems Ready to provide consultation on ways to promote and support cooperatives in workplaces. The Cooperative Club, which has 12 million members, is ready to support its policies. Minister of Labor Including encouraging cooperative members to apply to become insured under Section 40 in order to receive additional benefits.

Source: Thai News Agency