Kathmandu. The Ministry of Labour, Employment and Social Security has appealed to all the employers and workers who are yet to be enlisted in the Social Security Fund at the earliest.
According to the latest notice issued by the Ministry, corporations, corporations, boards and authorities having full or partial ownership of the Government of Nepal, provincial government or local level were also notified to join the fund through the gazette dated April 15, 2082. In a recently published notice, the institutions that are still not affiliated to the fund have been warned to complete the legal process immediately.
According to the notice published in the Gazette, there is a provision that people should be included in the social security scheme except those who are government-owned or are getting salary from the government treasury but are getting pension as per the prevailing law.
As per the provision, the employer should contribute 20 percent of the basic salary and the worker 11 percent should contribute at least 6 TAG_OPEN_p_44 0 percent of the salary of the worker.
The Gazette had published a notice on November 12, 2 TAG_OPEN_p_43 019 for the workers in the areas where the Labor Act 2074 is applicable to join the Social Security Fund. Employers, including banks, financial institutions, have been refusing to be part of the fund, arguing that the provisions of the fund are against the interest of private sector workers and employees and excessive favouritism to civil and government employees ।
| Details | Number (approximately) |
| Affiliated Employer | 18,800 + |
| Engaged workers/employees | 15,50,000 + |
| {{TAG_OPEN_b_40}Total Contribution Collection | More than Rs. 65 billion |
Data source: Social Security Fund Dashboard Report.
The Labour Act, 2074 has made the social security of the workers mandatory. Clause 52 (2) states that the amount from the workers’ provident fund should be deposited in the social security fund. Clause 53 (sub-clause 20) states that the amount of gratuity of workers should also be deposited in the social security fund. Clauses 19 and 20 of the Contribution-based Social Security Act, 2074 have made it mandatory for the employer to enlist himself and his appointed workers in the fund within the stipulated time.
