• • Receive employer contributions, which are equivalent to an additional monthly salary (at a rate of 5% of salary for employees with less than 5 years of service, and 8% for those with 5 years or more).
  • Tax benefits: employee contributions deducted from salary are eligible for income tax deductions.
  • Investment returns such as interest and dividends are exempt from tax.
  • Encourage disciplined and regular savings, as contributions are automatically deducted from the salary each month.
  • In the event of resignation, disability, retirement, or death, members or their beneficiaries will receive accumulated contributions and investment returns. Employer contributions are paid according to the Provident Fund regulations, providing financial security for the member’s family. 

Length of Service: Less than 5 years: Employee Contribution: 3% – 15% of salary / Employer Matching Contribution: 5% of salary

Length of Service: 5 years or more: Employee Contribution: 5% – 15% of salary / Employer Matching Contribution: 8% of salary

Members can change their contribution rate independently through the Fiori system once per year.

The change period is open during December each year, with changes taking effect on January 1 of the following year.

Members can change their investment plan up to four times per year via the KTAM Mobile Application.

We recommend completing a risk assessment questionnaire to understand your risk tolerance. Based on the results, you can then select an appropriate investment plan through the KTAM Mobile Application.

If a member resigns from the Provident Fund without resigning from their job, they may reapply for membership one more time only.

Members who retire may submit the following documents to claim their Provident Fund benefits: A copy of their national ID card, and a copy of the first page of their bank account passbook

Documents can be submitted in person at the Office of Human Resources Management, Chamchuri 5 Building, 5th Floor,

or via email to surivassa.d@chula.ac.th by September 30.

Once all documents are complete, the Provident Fund payment will be transferred to the member’s bank account by the end of October.

**For members with over 5 years of membership, the Provident Fund payout (including accumulated contributions, employer matching contributions, and investment returns on matching contributions) is exempt from being counted as taxable income.

Retired members may choose to either retain their funds in the Provident Fund or receive the payout in installments by submitting the following documents: 1) Request form to retain funds in the Provident Fund, 2) A copy of the national identification card, 3) A copy of the first page of a savings bank account passbook, 4) A copy of the deposit slip for the 500 THB processing fee

**For members with less than 5 years of membership, or those who do not wish to withdraw their funds immediately, Krung Thai Asset Management (KTAM) will continue to manage the existing fund balance. No new contributions will be added, and the fund will be invested according to the member's selected investment plan.

Returns on the investment may increase or decrease depending on capital market conditions.