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KATHMANDU, July 4: From the upcoming fiscal year 2025/26, all newly appointed government employees will be enrolled in a contribution-based social security system instead of receiving traditional pension and gratuity benefits.
The Ministry of Finance has issued a circular directing all ministries, regulatory bodies, public institutions, boards, committees, and establishments to make necessary arrangements for implementing the new system.
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The ministry also clarified that the government will not bear any financial liability arising from the failure to implement the contribution-based scheme for new recruits.
