GPF collaborated with the Stock Exchange of Thailand to raise the level of financial and investment education to its members nationwide.
Dr. Srikanya Yathip, secretary general of the Government Pension Fund (GPF) revealed that GPF and the Stock Exchange of Thailand signed a Memorandum of Understanding (MOU) to promote knowledge in order to create financial stability to its members, which is one of GPF’s missions in looking after millions of GPF members across the country. In addition to investing its members' savings for a stable financial stability after retirement, GPF also seeks to educate members to have a good understanding of saving and investment.
In the past, GPF and the SET have continued to provide through e-learning, so that members have access to suitable knowledge. This include, preparation of financial handbook for GPF members and lecturers to educate GPF members by experts from the SET. For future cooperation, GPF will apply the knowledge and learning materials from SET to fit with the context of GPF members, so that members can better manage their savings in GPF and achieve the goal of having adequate retirement savings. GPF will also develop an e-Learning system that can link to My GPF Application and My GPF Website in order to enable members to access knowledge from various sources more conveniently and quickly.
In this regard, Dr. Srikanya Yathip, secretary-general of GPF, participated in the launch of the project "Happy Money, happy money is achievable, generating power, cooperation to restore and build financial immunity for Thai people" and participated in a discussion on “Combine Force to Create Awareness of Money-Conscious for Thais” to exchange views as an investment managers of millions of GPF members across the country. The talk mentioned investment, in which GPF is committed to create stable returns for members of GPF so that members have enough money when they retired, as well as aimed to provide knowledge and understanding in the field of investment, which will help members to make long-term investments with confidence.
Dr. Srikanya added that GPF has also collaborated with world-class organizations such as the OECD by becoming a member of the International Financial Education, or INFE. The INFE will help to explore and analyze financial knowledge of government officials who are members of GPF and apply an international framework to develop financial knowledge, behavior and attitudes in various dimensions for members as well.
About GPF, the Government Pension Fund (GPF) was established in accordance with the Government Pension Fund Act B.E. 2539 to promote member savings and provide welfare and other benefits for members of GPF. GPF status is a state-owned organization, established under specific laws and not a government agency or state enterprise. The GPF committee act as a policy maker. Currently, GPF has approximately 1.16 million members and have a net asset value of approximately 1.07 trillion baht (data as of March 31, 2021).
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