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Social Security Fund pays around Rs 50m against claim


Nepalnews
2021 Mar 29, 20:16, Kathmandu
This image shows the office of the Social Security Fund in Babarmahal, Kathmandu in November 2014. Photo: Google maps integration

The contribution-based Social Security Fund has so far paid around Rs 50 million to the beneficiaries based on their claims.

Among the four categories through which the workers are offered financial security, the Fund has made payment worth Rs 47.3 million to altogether 1,435 beneficiaries under four categories. Among them, most payments have been made for the medical treatment, health protection and maternity plan, according to the Fund.

The Fund launched in late 2018 has already paid over Rs 20.5 million to 1,226 beneficiaries under the medical treatment, health protection and maternity scheme.

Similarly, 70 beneficiaries have been paid over Rs 1.8 million under the accident and disability scheme. A total of 22 beneficiaries have received over Rs 3.4 million under the dependent family plan and over 10.6 million to 117 beneficiaries, the Fund said.

Till March 24, the Fund has received contribution deposit amounting to over Rs 4.8 billion. There are altogether 194,000 workers enlisted in the Fund. The number of employers stands at 13,616.

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contribution-based Social Security Fund 50 million beneficiaries financial security
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