Labor Protection and Welfare Department Director General Sumate Mahosot disclosed that the Labor Protection Act has been approved by the National Legislative Assembly, effective from 1 September 2017 onwards.
The Labor Protection Act 2017 allows the wage committee to determine minimum wages for certain groups or categories of workers, such as the hourly wages for students, people with disabilities, and the elderly to promote employment and provide labor protection to a certain group of employees.
One of the key amendments is the inclusion of retirement in a list of causes for employment termination. The employer will be required to pay statutory severance to the retirees in the event where a retirement age is not specified. The employee can choose to continue work at the age of 60, or they can retire and request for retirement benefits according to this new law.