Over Rs 8 billion paid from Social Security Fund so far

The Social Security Fund has so far paid over Rs 8 billion to the contributors under various facilities.

The Fund made payment worth Rs 8.48 billion to altogether 135,843 contributors as of last Thursday with highest payment made under the old age security scheme at over Rs 7.25 billion, according to the Fund.
Similarly, more than Rs 980 million was paid under the medical treatment, health and maternity scheme while Rs 110 million towards accident and disability security scheme and over Rs 130 million for dependent family protection scheme, informed Fund’s Spokesperson Bibek Panthi.

So far, 135,843 contributors have availed facilities under various schemes from the Fund, shared Spokesperson Panthi, adding that Rs 52.63 billion contribution has been collected in the Fund till date.

There are altogether 1,257,799 workers from various sectors such as formal, informal, foreign employment and self-employment, it was shared. The government has made it mandatory for the workers going abroad to register themselves in the Fund.

A total of 18,819 employers are affiliated to the Fund.