🧮 Contributions & Allocation

How are employee and employer contributions calculated?

31% of the basic salary is deposited into SSF — 11% is deducted from the worker's salary (Provident Fund 10% + Social Security Tax 1%) and the employer adds 20% (Provident Fund 10% + Gratuity 8.33% + other 1.67%). Allowances, bonuses, and overtime are not subject to contribution.

Where does the 31% deposited in SSF go?

The 31% splits across four schemes (5th Amendment, effective Baisakh 1, 2082): medical & maternity 1.20%, accident & disability 0.80%, dependent family 0.67%, and the largest share — 28.33% — goes into your own old-age account (pension 20% + retirement benefit 8.33%).