Based on at least 60 percent of the wages received by the workers, 20 percent of which goes to the employer (government) and 11 percent to the fund on behalf of the workers.
The Ministry of Labour, Employment and Social Security has decided to join the temporary, contract and wage workers in the government service to the social security fund. Labor, Employment and Social Security Minister Sharatsingh Bhandari made a ministerial decision on Chait 15 to transfer the workers who are not getting pension benefits from the government fund to the social security fund. To implement this, a notification has been published in the gazette on May 1.
According to the notification published in the gazette, the person who receives salary from the funds of the federal, state and local level accumulated funds, Nepal government, state government or local level wholly or partially owned institute, corporation, board, authority, establishment or any similar body will be listed as contributor to the social security fund. At least 60 percent of the salary received by them will be considered as basic salary, 20 percent of which will be deposited in the fund by the employer (government) and 11 percent by the workers.
The number of contract and wage workers who get salary benefits from government funds is about 30 thousand. Since the implementation of contribution-based social security fund, they have been demanding the government to join them.
Labor Minister Bhandari said that the decision was made in accordance with the Prime Minister's commitment to include temporary and contractual employees in social security. "Now, Nepalese who work in any sector of the government will not be excluded from the social security fund. Contributors and employers must contribute regularly. The government will work to implement it effectively, he said. The
fund has included formal, informal and foreign workers. In the 6 years since the implementation of the fund, 21 lakh 51 thousand workers have joined. According to the Social Security Fund, 20 thousand employers contributing to the internal labor market have joined 574 thousand workers in the fund.
1.5 million 75 thousand workers going to foreign employment have joined the fund. 77 billion 67 crores have been accumulated in social security. In which Rs 13 billion 92 crore has been claimed under the benefits given to contributors. Contributor workers who regularly contribute to the fund will be provided with medication up to 1 lakh, in the case of female contributors, maternity facilities equal to sixty percent of the minimum basic salary for up to 98 days, for infant care, an amount equal to one month's minimum basic salary per child will be provided. In case of
accident, medical expenses of up to 7 lakhs, in case of permanent disability, the amount will be 60 percent of the minimum basic salary, and in case of death of the contributor, the dependent family will get pension facility, funeral expenses of 25 thousand rupees and in the case of his offspring, he will get education up to 21 years.
