@techreport{oai:grips.repo.nii.ac.jp:00000991, author = {PFAU, Wade D. and ATISOPHON, Vararat}, note = {This study combines a traditional hypothetical worker approach with the techniques of stochastic forecasting in order to provide a better sense about the suitability of the pension system for formal sector private workers in Thailand. With regard to the proposed defined-contribution pension, we find that workers with a 40 year career can only expect a median replacement rate of about 13 to 14 percent of their final five years of income. Most of the pension benefits will still likely come from the unsustainable defined-benefit pension system and further reforms will be needed to maintain suitable pensions., JEL Classification Codes: H55, 経済学 / Economics}, title = {The Impact of the National Pension Fund on the Suitability of Elderly Pensions in Thailand} }