Employees Provident Fundकर्मचारी सञ्चय कोष

What does it do?

• “Beyond retirement savings, EPF provides a range of social security benefits to its members, including medical treatment reimbursements, accident indemnity claims, maternity and child care allowances, and funeral grants among others.” epf.org.np About Us, Who We Are
• “Under the Pension Fund Act, 2075 B.S., the Employees Provident Fund was mandated to implement a contributory pension scheme for appointed employees of government and public institutions starting from the fiscal year 2076/77 B.S. (2019/20 A.D.).” epf.org.np About Us, Our History timeline (2075 B.S.)

Which law set it up?

What the law says is summarised with section numbers, not quoted, because text copied from the official PDFs is not reliable.

Law

Employee Provident Fund Act, 2019कर्मचारी सञ्चय कोष ऐन, २०१९

Section

Section 3(1) (कोषको स्थापना); s.3(3) makes it an autonomous body corporate

Official text

lawcommission.gov.np

History

“The Employees Provident Fund Act, 2019 B.S., was passed, and the Karmachari Sanchaya Kosh (Employees Provident Fund) was formally established, operating as an independent body.” epf.org.np About Us, Our History timeline (2019 B.S.)

Who leads it and who oversees it?

Head

Mr. Bijay Kumar Shrestha, Administrator epf.org.np Checked 2026-10-16

Falls under

Ministry of Financeअर्थ मन्त्रालय epf.org.np About Us, Who We Are Stated by the EPF site. A ministry provision was not located in the Act text read (extraction garbles the word); the Act has the Government of Nepal appoint the board chair (s.4(2)(क)).

Website

epf.org.np