Social Security Fund Nepal

What Social Security Fund Nepal does

Social Security Fund Nepal (सामाजिक सुरक्षा कोष) is a government statutory body established in 2017 under the Contribution-Based Social Security Act, 2074, operating under the Ministry of Women, Children, Senior Citizens and Gender. It administers Nepal's only mandatory contribution-based social security system, collecting contributions from formal sector employers (7% of basic salary), employees (10% of basic salary), self-employed individuals, informal sector workers, and Nepali migrant workers employed abroad. The fund delivers multiple benefit schemes covering medical treatment, maternity protection, accident and disability, old age security, and dependent family protection, plus loan facilities to contributors.

The fund operates a digital service platform built around the SOSYS web portal, native mobile applications on Android and iOS, and dedicated online registration/contribution management systems for each contributor category. Specialized portals handle formal employer enrollment, individual contributor accounts, migrant worker EPS-linked registration, self-employed enrollment, and informal sector registration routed through local municipalities. Service delivery is supplemented by branch offices in seven major cities and an affiliated hospital network for medical benefit claims. As an ISSA member institution, the fund aligns with international social security standards.

The revenue model is structurally different from a commercial enterprise: contributions are statutorily mandated rather than priced, capital is generated from contributions and investment returns (not external investors), and a Board of Directors chaired by the Secretary of the parent Ministry provides governance oversight. The fund functions as a regulatory utility rather than a market-driven business.

Name

Social Security Fund Nepal

Legal name

Social Security Fund Nepal (सामाजिक सुरक्षा कोष)

Website

https://ssf.gov.np

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Social Security Fund Nepal is a government statutory body that administers Nepal's mandatory contribution-based social security system for formal employees, informal workers, self-employed individuals, and migrant workers through digital portals, mobile apps, and branch offices.

Ownership category

akta.pro rank

Product category

Government Social Security

NAICS

Pension Funds (525110), Health and Welfare Funds (525120)

SIC

Services-Social Services (8300)

akta.pro primary industry

Pensions & Retirement Benefits Administration (BPAIAKAA)

Keywords

• Social security fund
• Contribution-based pensions
• Retirement benefits administration
• Migrant worker insurance
• Statutory social insurance

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Employer Contributions: Mandatory contributions from employers in the formal sector based on defined percentage of employee wages
2. Employee Contributions: Mandatory contributions from employees in the formal sector, deducted from wages and deposited to the fund
3. Self-Employed Contributions: Voluntary contributions from self-employed individuals under self-employed sector social security scheme
4. Migrant Worker Contributions: Contributions from Nepali workers in foreign employment under the EPS (Employment Permit System) and foreign employment sectors
5. Informal Sector Contributions: Contributions from informal sector workers registered through local municipalities

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Social Security Fund Nepal (SSF) operates Nepal's statutory contribution-based social security system, collecting mandatory and voluntary contributions from formal-sector employers and employees, informal-sector workers, self-employed individuals, and migrant workers. It administers benefit schemes covering medical/healthcare, maternity, accident and disability, old age/retirement, and dependent family protection, and also offers loan facilities to contributors through digital portals, mobile applications, branch offices, and an affiliated hospital network.

Product overview

Social Security Fund Nepal operates as a government social security system providing contribution-based social security benefits through a multi-platform digital infrastructure. The core offering consists of the main web portal (SOSYS) and mobile applications for Android and iOS. The system serves four primary contributor categories: formal sector employees, informal sector workers, migrant workers in foreign employment (including EPS), and self-employed individuals. Key products include the Employer Portal for business registration and monthly contribution management, Contributor Portal for individual account access, and specialized registration systems for each sector. Additional services encompass various social security schemes (retirement, gratuity, medical, maternity, accident/disability, dependent family protection), loan facilities (home, education, special), hospital network services, and an online recruitment system. The organization also maintains a vendor registration portal for public procurement.

Differentiator

Problem solved

Functional benefit

Products and services

• Social Security Benefit Schemes
• SOSYS Employer Portal
• SOSYS Contributor Portal
• Migrant Worker Registration System
• Self-Employed Contributor Registration
• Informal Sector Registration
• SSF Nepal Mobile Application
• Loan Facilities for Contributors

Named customers5 records

Segments4 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• International Social Security Association (ISSA)coreOthersSSF Nepal is a member of ISSA, the leading international organization for social security institutions. ISSA provides guidelines, best practices, and networking opportunities for social security funds globally.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Others

• International Social Security Association (ISSA): International membership body for social security institutions. SSF Nepal is an ISSA member; ISSA itself is not a fund but an enabling/standards organization relevant to SSF's governance and benchmarking.

Regional players

• National Pension and Provident Fund (NPPF) Bhutan: Bhutan's statutory pension and provident fund operating mandatory contributions across the formal sector. Regional South Asian peer with similar stage of development and contributor base characteristics.
• Citizen Investment Trust (CIT) Nepal: Nepal's government-owned investment and savings scheme for citizens and institutions. Domestic peer operating in adjacent retirement/savings space within the same regulatory environment.

Direct peers

• Bangladesh Employees' Provident Fund: Bangladesh's statutory provident fund scheme for workers in the formal sector. Comparable South-Asian statutory fund model operating under labor ministry oversight.
• Employees' Provident Fund (EPF) Sri Lanka: Sri Lanka's statutory provident fund for private-sector employees, with mandatory contributions and benefit administration. Closest South-Asian geographic and economic analog to SSF Nepal.
• BPJS Ketenagakerjaan Indonesia: Indonesia's social security agency for workers covering old-age, pension, accident, and death benefits. Comparable statutory structure serving formal and informal workers, with active digital onboarding.
• Employees' Provident Fund Organisation (EPFO) India: India's statutory provident fund body for the formal sector, operating mandatory employer/employee contributions with multi-decade scale. Closest analog by function and regulatory structure, though EPFO operates at much larger scale than SSF Nepal.
• National Social Security Fund (NSSF) Kenya: Kenya's statutory social security fund covering retirement, disability, and survivor benefits. Comparable emerging-market peer operating mandatory contributions with growing informal-sector outreach.
• Central Provident Fund (CPF) Singapore: Singapore's statutory social security savings scheme covering retirement, healthcare, housing, and education. Comparable in multi-purpose benefit design and digital-first member services.
• Employees Provident Fund (EPF) Malaysia: Malaysia's statutory retirement fund for private-sector workers with mandatory contributions, digital member portals, and mobile apps. Comparable model for contribution-based social security administration with diversified member services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/intent/tweet?url=http%3A%2F%2Fssf.gov.np
• Facebookfacebook.com/sharer/sharer.php?u=http%3A%2F%2Fssf.gov.np
• LinkedInlinkedin.com/company/social-security-fund-nepal

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Social Security Fund Nepal