Social Security

Durga Nidhi Sharmadurganidhi@yahoo.com

Objectives

Social security What is ?Provisions of social securityThe areas for Improvement

Contents

• Social security coverage and process.• Social security provisions in Nepal.• Social security issues in Nepal and areas for

improvement. • Social protection floor.

WHAT DOES IT LOOK LIKE?

PIZZA

WHAT ARE THE INGREDIENTS?

CHEESE

VEGETABLES

CATALOGUES

LIBRARY

SHARINGCOST

SHOP

VEG. MARKET

FRIENDS

GROW

PARENTS

MAKING PIZZAS

PREPARINGINGREDIENTSOVEN

EATING PIZZAS

SHARING

FRIENDS

TEACHERS

ART/MUSIC

FLOUR

Social protection

Refers to a set of benefits available (or not available) from the state, market, civil society and households, or through a combination of these agencies, to the individual/households to reduce multi-dimensional deprivation.

Social security : types

Social security rights Everyone has the right to social security

and is entitled to realization, through national effort and international co-operation.

Social security: Types

social insurance where people receive benefits or

services in recognition of contributions to an insurance program. Such as , retirement Pensions , disability insurance , survivor benefits and unemployment insurance.

Social security: Types

Social Services provided by government on social

security provision. It may include medical care, financial support during unemployment, sickness, or retirement, health and safety at work etc.

Social security: Types Basic security irrespective of participation in specific insurance

programs where eligibility may otherwise be an issue. For instance, assistance given to newly arrived refugees for basic necessities such as food, clothing, housing, education, money, and medical care.

Social security in Nepal

• Social Security Fund established in 2067•One percent.

Involved Agencies

• MoFALD• MoHP• MoWCSW• MoLE• MoE• EPFO• Army / Police welfare fund • MoPR

Projects / programs

• Social service• Free health service• Maternity health services• Free primary education• Senior citizen• Scholarship• Day meal• Remote development projects• Others … … … … …. …

Government employees

• Regular salary• Fringe benefit TADA

• Provident fund • Citizen investment fund • Gratuity• Pension• Civil /military /police hospitals

citizens

• Single women • People with disability• Senior citizen• Conflict affected • Under developed districts( food for work , school meals, etc)

• Aa sa cha pu. In different name

• Different funds – poverty alleviation fund, PM fund for disaster survivors.

The areas of improvement

• Unfunded policy does not exist.• Social protection budget 2072/73: Rs.22,67,02,01,000.00• Retirement and staff benefits: Rs.44,50,00,00,000.00

• Self regulating fund is the only solution

Social security coverage and process in Nepal.

• Less than 2 percent of the population is fully protected.

• Basics of protection floor is not developed. only money provided.(rich and poor get same amount / Ktm and taplejung same amount)

Social security mapping

• How many products?• Who manages ?• How funded?• Overlapping and underfunding?• Misappropriation / fraud /embezzlement?

Networked institution

• Authority from the Separate Act• Centralized fund• Minimum standard i.e. “NO less mechanism”

developed• Employer-employee-government and citizen –

government relationship should be established.• 10 years times 4 credits will be the benchmark

for getting a set of social protection.

Questions and Queries