Employees Provident Fund Distributes NPR 5.3 Billion in Profit to Contributors
Summary
The Employees Provident Fund has distributed NPR 5.3 billion in profit to its contributors for the fiscal year 2081/82, offering a 4.25% interest rate and various loan facilities along with social security benefits.
Key Points
- Employees Provident Fund distributed NPR 5.30 billion in profit to contributors for fiscal year 2081/82.
- Approximately NPR 5.19 billion was deposited into provident fund members' accounts and NPR 105.5 million into Defined Contribution Pension Fund accounts.
- The fund provided a 4.25% interest rate on accumulated savings and offers special loans at 5.75% interest for contributors.
- Social security benefits including maternity, childcare, accident compensation, and medical reimbursements were provided without separate contributions.
