KATHMANDU, June 6: Social Security Fund (SSF) has collected a total of Rs 111.07 billion from employees contributing to the fund.
With collection of exorbitant amounts, the pension fund organization is now planning to increase its investment in mega energy projects including cement manufacturing plants. The fund has set priorities to inject its investment in hydropower projects, electricity transmission lines and solar and renewable energy production.
SSF collects nearly Rs 100 billion in six years from workers
Rohit Regmi, director at the SSF, said the organization has so far received investment proposals for four projects. According to him, the SSF will be prioritizing to inject its capital either in credit to investors or it will consider the consortium modality to invest in projects. “The SSF has set the threshold of 20 MW to invest in hydropower projects.
As of now, the SSF has accommodated more than 2.95 million contributors from 23,476 employers. The fund has settled a claim amount of Rs 20.45 billion that included medical treatment, health and maternity claims totaling Rs 3.23 billion.
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