Eighth Social Security Day: PM urges private sector to take social security as shared responsibility
Summary
Prime Minister Sushila Karki urged the private sector in Nepal to embrace social security enrollment as a shared responsibility, emphasizing social justice and effective implementation of contribution-based plans. Over 2.65 million Nepali workers are now covered under the social security system.
Key Points
- Prime Minister Sushila Karki called on private sector employers in Nepal to view enrolling workers in social security as a matter of prestige, not burden.
- Discussions are ongoing to address issues such as compulsory enrollment and government contributions for informal sector workers.
- The Social Security Fund in Nepal has 2.65 million citizens enrolled, covering formal, informal, foreign employment, and self-employment sectors.
- The Fund has collected Rs 95.68 billion and operates various plans including medical, maternity, accident, disability, and old age security.