Educational Information Only
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PFA Section 23 — Payout on leaving the fund
Provident Fund Act (พระราชบัญญัติกองทุนสำรองเลี้ยงชีพ) — Section 23.
Plain-English Summary
On termination of fund membership the member is paid out, generally as a lump sum within 30 days (Section 23). Vesting of the employer's contributions is left to the fund's own rules, which may not cut employees' rights without good reason (Section 9(6)–(8)).
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
Provident Fund Act
พระราชบัญญัติกองทุนสำรองเลี้ยงชีพ · B.E. 2530 (1987)
The Provident Fund Act B.E. 2530 (1987) authorises and regulates Thai provident funds — voluntary employer-sponsored retirement savings vehicles. SEC supervises fund management companies. Member contributions plus employer matching, with tax benefits subject to conditions.
The summary above is a plain-English educational paraphrase of Section 23 of the Provident Fund Act. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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