Karmachari Sanchaya Kosh Nepal Employee Provident Fund Nepal

Karmachari Sanchaya Kosh (KSK), also known as Employees Provident Fund (EPF) in English. Their main service is to manage Provident Fund (PF) in Nepal on behalf of the Government of Nepal (GoN) for government, public and private sector employees and come under Ministry of Finance.


KSK is an approved retirement fund of GoN, and the PF that they manage is supposed to help the contributors financially on retirement or separation from their jobs. Besides managing PF of KSK’s contributors, they also provide certain social benefits to our contributors. Membership to KSK is also open to private sector firms with the only condition that such firms should have at least ten employees contributing regularly to become a member.

In Nepal, the history of Provident Fund (PF) starts back to 1934 when the PF scheme came into existence which leads to establishment of Sainik Drabya Kosh (Army Provident Fund) during the Rana Regime.

The scheme was actually initiated with the intentions of removing financial hardships to the army personnel after their retirement. Under the scheme, the army staffs were required to contribute a specific percentage of their salary to their provident fund (PF) account in Sainik Drabya Kosh. A decade later the scheme was broadened to cover the employees of civil services as well.karmachari sanchaya kosh
A separate organization named Nijamati Provident Fund was established in 1944 to manage the scheme for civil servants working within Kathmandu. In 1948 the coverage of the scheme was extended to provide coverage to the entire civil servants working through out Nepal. In 1959, Employees Provident Fund (EPF) Department was established under the Ministry of Finance and Economic Affairs.

This department was entrusted with the management of both Sainik Drabya Kosh and Nijamati Provident Fund. With this, the scope of the scheme was extended to cover all government employees including the police. Three years after the establishment of EPF Department, a special Act called “Karmachari Sanchaya Kosh (KSK) Act” was legislated in the year 1962. The same year the present KSK, or EPF in English, was established under the act as an autonomous provident fund organization.

After the establishment of KSK the erstwhile Sainik Drabya Kosh, Nijamati Provident Fund and Provident Fund Department were merged into KSK. Since then KSK has grown by leaps and bounds and today it stands as a strong social security providing organization in Nepal.

What are benefits of Karmachari Sanchaya Kosh

Basically the sevices that Karmachari Sanchaya Kosh gives and does is that they manage the Provident Fund (PF) of all Army and Police personnel, Civil servants, employees of state owned Corporations, and teachers of Governments Schools in Nepal. Similarly, any private sector establishments with more than ten employees are also eligible to become members, and we manage the PF of their employees as well. Besides PF management, KSK also provides security benefits such as

  • Accident indemnity: payable for a covered person’s death, dismemberment, or injury caused by a covered accident that occurs on or off the job.
  • Funeral grant KSK will provide you funeral grant if you’re on a low income and need help to pay for a funeral you’re arranging
  • Employees welfare scheme (Insurance) Employee welfare includes monitoring of working conditions, creation of industrial harmony through infrastructure for health, industrial relations and insurance against disease, accident and unemployment for the workers and their families.
  • Participation in profit: purely contractual participations in a company with which the investor participates as well in profitsas in losses of the company. … They can be designed to resemble borrowed capital by contractually agreeing on minimum interest payments which are independent of the company’s profits.

Sanchaya kosh and Nagari lagani kosh are two different things.

Website : http://web.epfnepal.com.np/

Phone Number:  +977-01-5010165, 4223320

Email: [email protected]

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