Govt to review Social Security Fund guidelines

Kathmandu, December 23

After persistent complaints from employers, employees and other stakeholders regarding some provisions in the Fund (SSF) being unrealistic, the has finally planned to review certain provisions in the SSF’s guidelines within three months. There have also been complaints that the guidelines discriminate between public and employees and that participants in the fund will have to actually pay double taxes.

Moreover, stakeholders have also criticised the as both workers and employers seem to be reluctant to participate in the social security programme.

Kapilmani Gyawali, executive director of the Social Security Fund, said the government is going to make amendments as the fund has been receiving widespread criticism due to the lower benefits it offers and unprofitable provisions.

“We’re going to hire a group of ‘actuaries’ from abroad who will look into the issues being raised by different stakeholders and will make adjustments to the facilities that will be provided by SSF,” he said.

Read the full article on The Himalayan Times.

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