Where does the 31% deposited in SSF go?
Short answer:
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%).
✨ Highlights
- ✔The 31% splits across four schemes; the largest part (28.33%) is your own old-age savings.
- ✔Old age = pension 20% + retirement benefit 8.33%.
- ✔Insurance (medical + accident + dependent) is only 2.67% total — cheap protection.
- ✔So most of it isn't an expense — it's your own future savings.
Table of contents
- The allocation (post-5th-Amendment rates)
- Inside the 28.33% old-age share
- How to think about it
The allocation (post-5th-Amendment rates)
| Scheme | Rate | On a Rs 30,000 salary |
|---|---|---|
| Medical treatment, health & maternity | 1.20% | 360 |
| Accident & disability | 0.80% | 240 |
| Dependent family | 0.67% | 201 |
| Old age protection | 28.33% | 8,499 |
| Total | 31% | 9,300 |
Inside the 28.33% old-age share
| Part | Rate | When you receive it |
|---|---|---|
| Pension scheme | 20% | Lifelong monthly pension after age 60 |
| Retirement benefit scheme | 8.33% | Lump sum at retirement or end of employment |
💡 Key distinction: the pension portion (20%) cannot be withdrawn before 60; the retirement portion (8.33%) is paid out when employment ends. Leaving a job does NOT refund everything — this is the single most misunderstood rule.
[Example]How to think about it
A small slice (2.67%) buys insurance-style protection — treatment, accident, and family risk. The big slice (28.33%) is your own savings, growing with investment returns to become your old-age income.
📺 Related videos
Related FAQs
📜 Official sources
- सामाजिक सुरक्षा योजना सञ्चालन कार्यविधि, २०७५ (५औँ संशोधनसहित) (मूल २०७५।०८।०६; ५औँ संशोधन २०८१।०९।१०, लागू २०८२।०१।०१)
For legal purposes always consult the original documents and latest amendments. Rates and limits can change through amendments.
This content is for educational purposes; final approval and benefits follow official SSF rules. Found outdated information? Report it here.