We are Karmachari Sanchaya Kosh ( KSK), Employees Provident Fund (EPF) in English, established under Employees provident fund Act, 2019, we manage provident fund (PF) in Nepal on behalf of the Government of Nepal (GON) for government, public enterprises and private sector employees. we have been entrusted to manage contributory pension Scheme for Federal GON and other public sector employees to be appointed from Fiscal year 2076/77 as per the pension fund Act 2075. Our Relationship with GON is routed through Ministry of Finance.
According to Income Tax Act, 2058, EPF is an approved retirement fund that allows annual income deduction benefit on contribution by member to his/her PF and pension fund account and special tax benefit privilege at the time of repayment of PF after retirement.
We also provide some social security benefit to our contributors, viz medical treatment expenses reimbursement, maternity and child care benefit, funeral grant etc