" For The Secure Future of The Employees"

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Services Delivery

Social Security in Nepal

Accident Indemnity
As a part of Social Security in Nepal this scheme was introduced in February 1995. Under this scheme a lump sum amount of Rs.1,25,000 (effective from 2072/06/01in case of death or permanent disability and Rs. 10,000 to 25,000 in case of partial disability due to an accident is paid to the members or their legal heir or nominee. The EPF has created special reserve funds out of its own earning to finance this scheme.

Funeral Grant
This scheme was another move in the Social Security in Nepal, introduced in Magh, 2048. Under this scheme the EPF provides a sum of Rs. 30,000 (effective from 2072/06/01as funeral grant to the legal heir or the nominal of the deceased member, who has died with in the service period. The EPF has created special reserve funds out of its own earning to finance this scheme.

Insurance
As one of the social security schemes in Nepal it was initiated by the Government of Nepal in the year 1979 and is implemented through the EPF. Under this scheme the EPF provides a sum of Rs. 40,000 to 1,50,000.

Medical Assistance
This scheme was started by Employees Provident Fund in the year 2070 BS. Under this scheme certain portion of the expenses carried out for medical treatment is reimbursed to the contributors by Employees Provident Fund from its own fund. As per circular no. 971 medical assistance maximum amount is Rs. 25,000 and Rs. 50,000 (effective from 2072/06/01)The details of this scheme can be found here.