Monthly pension up to Rs 44,000 in social security scheme
KATHMANDU: DEC. 6 – The dependent families of the deceased have started receiving a pension of up to Rs 44,000 per month while contributing to the social security scheme based on the contribution of the Social Security Fund. The fund has been distributing pensions of Rs 4,000 to Rs 44,000 to the dependent families of 123 contributors who died due to various reasons while contributing to the social security scheme.
Kapil Gyawali, executive director of the fund, said that the fund has started distributing Rs 4,000 to Rs 44,000 monthly to the dependent families of the contributors who have died due to various reasons while contributing to the contribution-based social security scheme.
According to him, according to the Social Security Act, if the contributor dies while contributing to the fund scheme, his dependent family will get 60 percent of the monthly salary of the deceased contributor.
After the death of Ram Prasad Phuyal of Himal Hydropower Company, while contributing to the fund, his wife Januka Phuyal has started receiving a monthly pension of Rs 44,000. The deceased contributor Phuyal has been receiving Rs 73,552 monthly in the company and his wife Januka has started receiving pension due to 60 percent of his salary.
Similarly, Krishna Prasad Acharya, who was working at Temple Tea Resort, also died while he was contributing. Keshav Kumar Surkheti, a dependent of Pampha Nepali working in Reliance Spinning Mills Biratnagar, has started receiving a monthly pension of Rs 4,232. According to the Act, in case of death of the contributor due to any reason, except in case of re-marriage of the spouse or in case of alternative employment, the dependent family has started availing the pension under the same facility.
According to the law, in case of death of the contributor, the dependent family protection scheme will provide pension to the spouse, educational stipend to the children, facilities to the dependent parents and funeral expenses of the contributor.
Similarly, if the deceased is not married, the dependent parents will get 60 percent of the basic salary for life. The family of the deceased will also get a lump sum of Rs 25,000 for the funeral expenses.
In the event of the death of the contributor, the same act provides that the child will receive 40 percent of the last basic salary of the contributor on a monthly basis for his / her educational scholarship till he/she reaches the age of 18 years.
This type of facility can be availed by two children in a timely manner. According to the fund, it is currently distributing monthly pensions to 123 people. The pension fund has been spending around Rs 2.1 million monthly.
According to the fund, about 16,000 employers and around 300,000 contributors have joined the fund at present.
According to the fund, 15,892 employer companies and 297,334 contributors have been listed in the contribution-based social security scheme till November 30. 10.50 billion has been collected in the fund till that period.
The fund has already paid Rs. 481.3 million for medical treatment, health and maternity plan, accident and disability protection plan, dependent family protection plan and old age protection plan.
-Gorkhapatra
