Govt Pension Fund hits new high of Bt1 trillion
The Government Pension Fund (GPF) is celebrating after its net asset value rose above Bt1 trillion on Thursday (August 27).
Srikanya Yathip, GPF secretary-general, said the achievement reflected expertise in fund management, adding that the GPF will continue to work hard for the benefit of fund members.
Wat Yannawa’s abbot Somdet Phra Maha Thirachan led 10 monks marked the occasion on Thursday with a ceremonial blessing of GPF executives and employees.
The GPF was established under the Government Pension Fund Act, BE2539 (1996) to grant pensions and other benefits for retired civil servants, and encourage them to save money.
The fund has about 1 million members.
