Page 60 - KDU Law Journal Volume 4 Issue 2
P. 60

KDU Law Journal                                  Volume 04 Issue II
                                                              September, 2024
             Procedure (hereafter referred to as  SSSOP), 2018 (2075) are the
             major  governing  legal  instruments   of  contribution-based  social
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             security schemes of Nepal. Among these, the writer has unveiled the
             intricacies and intersectionality of CBSSA with other related laws and
             also the governing body, known as the Social Security Fund (hereafter
             referred to as SSF), in the following sections.

             Scope and Effectiveness of Contribution-Based Social
             Security
             The Social Security (Management Fund and Operation) Regulations,
             2011 (2067) was enacted, and the Social Security Fund was
             established on 21  March 2011 (7  Chaitra, 2067) as an autonomous
                                          th
                            st
             government agency responsible for the governance of the workforce
             that encompasses all sectors of the labour market in the paradigm of
             social security for all. Nevertheless,  the  SSF  is  an  affiliate  body  of
             the Ministry of Labour, Employment and Social Security (MoLESS).
             Social Security funds were operated and managed for eight years with
             a Social Security tax of one per cent.  The coverage and benefits of
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             beneficiaries were also limited. Neither could it function as envisioned
             by Article 19 of ICESCR nor meet the minimum standard of ILO
             Convention No. 102.


             For certain years, the SSF was moving in a creeping crawling phase.
             The CBSSA was enacted in 2017 with provisions for social insurance
             for all workers mandatory. However, the effectuation of the Act started
             with the formal sector workers in the first phase  and other sectors
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             28  Acts and Rules, <: https://ssf.gov.np/list/act_regulation?page=1:>> (accessed on 21 03
             2024)
             29  Social  Security  Fund, Introduction,  see at <:  https://ssf.gov.np/pages/introduction ::>
             (accessed on 23 03 2024)
             30  Annual Report, 2023-2024 (2079-2080), see at <: https://ssf.gov.np/list/annual-reports ::>
             For formal sector workers from 17 July 2019 (01 Shrawan 2076); informal sector and self-
             employed workers 16 August 2023 (31 Shrawan 2080) and for foreign migrant workers
             from 22 March 2023 (08 Chaitra 2079) (accessed on 03 23 2024)
             31  Annual Report 2023 – 2024 (2079-2080), see at <: https://ssf.gov.np/list/annual-reports ::>
             Self-employed workers 16 August 2023 (31 Shrawan 2080) and for foreign migrant workers
             from 22 March 2023 (08 Chaitra 2079) (accessed on 03 23 2024)
                                                             law.faculty@kdu.ac.lk
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