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FAQ

1

1. Definition
1.1

1.1   What kind of remuneration which can be treated as employer's contribution and employee's contribution?

Answer   Remuneration as defined by Provident Fund Act B.E. 2530 refers to remuneration which equally and constantly
                      paid in every month such as salary, living expense, gas allowance. However, a provident fund is set up with
                      mutual interest of employer and employee. Therefore, each fund article may define remuneration to include
                      only salary or other items as mentioned above.

1.2

1.2   Is "Bonus" included as renumeration?

Answer   Bonus is not under the definition of remuneration in accordance with the Providen Fund Act B.E. 2530 as it is paid
                      for the purpose of rewarding and not constantly and equally paid in every month.

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