Kathmandu, July 12
The Social Security Fund (SSF) and
Phedikhola Rural Municipality of Syangja district have signed an agreement on
Wednesday for the programme to expand the social security facility to the
workers in the informal sector.
Fedikhola has made progress by
joining the fund to provide social security scheme to 714 workers currently
working in the construction sector, the SSF said in a statement.
The SSF will provide facilities to
the workers according to the rules of the Fund.
According to the Social Security
Scheme Operating Procedures for Workers in the Informal Sector and Self-Employed
Persons approved in January this year, the rural municipality will pay 9.37 per
cent of the monthly minimum basic wage for the informal sector workers set by
the government and 11 per cent contribution would be made by the workers.
According to the rules, to obtain
the social security facilities, about 20.37 per cent of the total wages or Rs.
1912 should be contributed to the fund.
Similarly, self-employed persons should
contribute 31 per cent of the minimum basic salary set by the government to the
Fund or up to three times of the minimum of Rs. 2909.35.
Chairman of Phedikhola, Ghanshyam
Subedi and Executive Director of the SSF, Kapil Mani Gyawali expressed their
happiness over the agreement. Secretary of the Ministry of Labour, Employment
and Social Security, Kewal Prasad Bhandari, who is the chairman of the board of
directors of the SSF, directed the fund to expand the social security programmes
to all the people.
He also called on all 753
municipalities to expand the programme of the informal sector.
The Fund has been implementing social
security schemes for workers employed in private sector organisations in the
formal sector and contribution-based social security schemes for foreign
workers and self-employed persons abroad.
"The fund is expanding its
scope of operations for the operation of social security schemes for workers in
the informal sector and self-employed persons. The latest agreement with
Phedikhola is a step towards that direction," said the SSF.
Published in The Rising Nepal daily on 13 July 2023.
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