The cabinet has approved a 4.5-billion-baht fund to partially cover people's reduced contributions to the Social Security Fund (SSF) from next month until July, said government spokesman Thanakorn Wangboonkongchana.
The fund was to offset the reduction in monthly contributions for the three-month period.
The government agreed to let subscribers to the SSF contribute significantly less so they will have more money left to weather the current economic hardships.