Social Security Fund (SSF) Nepal () was established in 2011 (7 Chaitra 2067 BS) according to the Social Security (Management Fund and Operation) Regulations, 2067 BS. It is governed by Social Security Act, 2018 (2075 BS). The Act requires every company/employer to enlist their name and its employees in the Fund.
The SSF is an affiliate body of the Ministry of Labour, Employment and Social Security (MoLESS).
Board of Directors A 13-member tripartite board of directors has been formed under the chairmanship of the Secretary of the Ministry of Labor and Employment of the Government of Nepal for the management and operation of this fund in which there are representatives of government agencies, employers and trade unions.
Affiliates International Social Security Association
Contributors The fund currently has 18519 registered employers and 999806 registered contributors.
Contribution amount +Formal sectorContributorsContribution HeadingContribution Rate (Of Basic Remuneration)EmployeePension Fund10%Social Security Tax1%Total Employee Contribution11%EmployerPension Fund10%Gratuity8.33%Additional Contribution1.67%Total Employer's Contribution20%Total Monthly Contribution at SSF31%
Benefits
Medicine, health and maternity protection plan Accident and Disability Safety Plan Dependent Family Protection Scheme Old age protection plan
Portal access Employer or employee can have access to their scheme in SSF (Nepal) using either web or mobile applications. To provide easier means to access, SSF released its android application on Aug 14, 2022 and IOS application.
References
External links Website SSF Nepal Involvement for Foreign Employment SSF Nepal50 Queries Answered: Social Security Fund