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Employees Provident Fund (Nepali:कर्मचारी सञ्चय कोष) Nepal is the pension fund/provident fund for employees of government and private sector of Nepal. The Fund is currently managing provident funds of 600,000 employees working for the government and in the private sector. [ 1 ]
Social Security Fund (SSF) Nepal (Nepali: सामाजिक सुरक्षा कोष) was established in 2011 (7 Chaitra 2067 BS) according to the Social Security (Management Fund and Operation) Regulations, 2067 BS. [1] [2] It is governed by Social Security Act, 2018 (2075 BS). The Act requires every company/employer to enlist their ...
The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
Nepal SBI Bank Limited (NSBL) is the first Indo-Nepal joint venture in the financial sector. Sponsored by three institutional promoters, namely the State Bank of India (SBI), Employees Provident Fund and Agricultural Development Bank of Nepal through a memorandum of understanding signed on 17 July 1992.
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A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income.The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund.
Nepal Communist Party: 16 March 2018: 20 November 2019: Minister of Labour, Employment and Social Security 6 Rameshwor Raya Yadav [12] Nepal Communist Party: 20 November 2019: 25 December 2020 7 Gauri Shankar Chaudhary: Nepal Communist Party: 25 December 2020: 20 May 2021 8 Bimal Prasad Shrivastav: People's Socialist Party, Nepal: 4 June 2021: ...
The Government of Nepal (Nepali: नेपाल सरकार) is the federal executive authority of Nepal. Prior to the abolition of the Nepalese monarchy in 2006, it was officially known as His Majesty's Government. The head of state is the president and the prime minister holds the position of the head of executive.