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Provident Funds

Type of Provident Fund

Generally, there are two types of provident fund

1. “Single fund”
A “single fund” is a provident of an employer or a group of companies or conglomerate with initial outlay of THB 100 million or more, whose fund structure and investment policies being tailored to specific needs.

2. “Pooled fund”
A “pooled fund” is a provident fund opened for different companies to participate and take advantage of economy of scales by pooling the money from various entities under the same pooled fund. 

 
 
Single Fund

Pooled Fund
 
Number of employers
One company or affiliated companies
 

More than one company
 

Fund size
 

> THB 100 million
 

< THB 100 million
 
Expenses
Burden to the fund
 

Shared across employers
 

Decision making
 

Independent
 

Collective