Social and economic aspects of elderly in Thailand / Dr. Worawan Chandoevwit

Chandoevwit, Worawan (2012) Social and economic aspects of elderly in Thailand / Dr. Worawan Chandoevwit. In: International Conference On Population Ageing: Issues and Challenges, 11 July 2012, Faculty of Economics and Administration, University of Malaya, Kuala Lumpur. (Unpublished)

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Thailand is already an aging society. About 14% of population are elderly. In this paper, we show how well Thai elderly live, both socially and economically. Using a national survey, it can be shown that 16% of elderly households in the rural area have substandard living condition. The majority of elderly (60%) rely on remittance for their living. About 20% of elderly have to work for living and only 4% have government pension. Thailand is now organizing a National Saving Fund to promote saving for retirement. Another national survey finds that 80% of population want to save for their retirement but only 48% think that they can make regular monthly saving. This is consistent with another survey which finds that 50%-60% of elderly actually prepared themselves physically and mentally into the elder period. Elderly are less happy than the young. They are quite healthy, i.e., about 90% of those in the 65-74 age group can take care of themselves. It was quite normal in the Thai culture that children take care of their old parents. Above 80% of population expect that their children will take care of them physically, mentally, and financially when they become old. Taking care of old parents is something done by daughter. About 45% of elderly who are older than 94 years are taken care by daughter or daughter-in-law, another 38% take care of themselves. UN projects that Thailand will have 20 million elderly in the next 20 years which makes the elderly account for 26% of population or 45% of working age population. Without income security and long term care schemes for elderly, it would be very difficult for children to take care of their parents.

Item Type: Conference or Workshop Item (Paper)
Additional Information: National Population and Family Development Board (NPFDB) of Ministry of Women, Family and Community Development, in collaboration with the Social Security Research Centre (SSRC) of the University of Malaya. International Conference in conjunction with World Population Day.
Keywords: elderly in Thailand, social protection
Subjects: 300 Social sciences > 303 Social processes
Division/Agency/State: LPPKN - National Population and Family Development Board, Malaysia > Division of Population
Deposited By: Mrs Nor Azaian Abdullah
Deposited On: 14 Jan 2013 03:58
Last Modified: 30 Apr 2013 02:35

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