Nepal SSF & Pension Calculator
Compute statutory 31% monthly contributions into Nepal's Social Security Fund under the Social Security Act 2074. Includes all 4 schemes, gratuity pooling (8.33%), and lifetime retirement pension forecasts.
Basic Salary & Remuneration
Base salary agreed in employment contract (liable for SSF)
Statutory fixed living allowance liable for contribution
Monthly Scheme Allocations
Remitted to SSF by employer before 15th of following month
📊 Statutory Breakdown Matrix
| Statutory Component | Amount / Metric |
|---|---|
| SSF Assessable Basic Salary | -- |
| Employee Contribution (11%) | -- |
| Employer Contribution (20%) | -- |
| Total Monthly SSF Remittance (31%) | -- |
| Medical & Maternity Scheme (1.0%) | -- |
| Accident & Disability Scheme (1.4%) | -- |
| Dependent Family Scheme (0.27%) | -- |
| Old-Age Protection & Pension (28.33%) | -- |
Complete Legal Framework: Social Security Fund (SSF) Nepal
The Social Security Act 2074 (2017) established the Contribution-Based Social Security Fund to provide comprehensive welfare and pension security to formal and informal workers in Nepal.
| Security Scheme | Employer Portion | Employee Portion | Total Rate | Key Benefits |
|---|---|---|---|---|
| 1. Medical, Health & Maternity | 1.0% | 0.0% | 1.0% | NPR 100k annual medical treatment + 1 month minimum wage maternity cash |
| 2. Accident & Disability | 1.4% | 0.0% | 1.4% | 100% treatment for workplace injuries + up to 60% disability monthly pension |
| 3. Dependent Family Protection | 0.27% | 0.0% | 0.27% | 60% survivor pension to spouse for life + 40% educational scholarship for child |
| 4. Old-Age Protection (Pension) | 17.33% | 11.0% | 28.33% | Monthly lifetime retirement pension after age 60 (or lump-sum withdrawal option) |
| Total Statutory Remittance | 20.0% | 11.0% | 31.0% | Full social security package |
Pension Eligibility Criteria
- Must have attained 60 years of age.
- Must have contributed to the SSF for a minimum of 180 months (15 years).
- Monthly lifetime pension formula:
Total Accumulated Pension Corpus ÷ 160 or 180.
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Statutory Compliance Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.