Social security scheme to cover migrant workers as well as self-employed persons

NL Today

  • Read Time 2 min.

Kathmandu: The social security scheme of the country is to set to include migrant workers and self-employed persons under the scheme. Spokesperson the Social Security Fund Bibek Panthi informed that the Fund was extending its coverage to the migrant workers in foreign employment.

Tens of thousands Nepali migrant workers will reap benefits from the scheme once it comes to effect today, he said. In this connection, Fund had already approved procedural guidelines to enroll migrant workers, informal sector employees and self-employed persons in the social security scheme. The trade union organizations have long been demanding inclusion of informal sector employees and self-employed persons in the net of the social security scheme.

Though informal sector workers have been receiving benefits from the social security plan for the last three years back, migrant workers and self-employed persons living abroad were being deprived of the service. The Non-Resident Nepali Association has also long been advocating for including migrant workers in the social security scheme. Those obtaining new work permits will be mandatorily included in the scheme from now onward. Around 2,000 people are obtaining work permit every day.

Those obtaining work permits should deposit contributions equivalent to a month salary to the fund. Spokesperson Panthi said a worker going abroad for employment will be entitled to receive 10 percent discount while depositing contributions worth amounting to a six-month salary. The migrant workers living abroad could enlist them from the website of the fund and deposit their contribution amount. According to the approved procedural guideline, the migrant workers or self-employed persons living abroad could participate in the facility by depositing at least 21.33 percent amount of basic remuneration or minimum Rs 2,000 monthly.

Panthi informed that 399,566 employees of formal sector have so far enrolled in the fund. Rs 30 billion and 870 million have been deposited to the fund. The Fund has made payment of Rs 3 billion and 810 million to the contributors as per their claim.

The contribution-based social security scheme was brought into implementation in November 2018.