No increase in salary, contribution-based pension to govt employees

Published On: May 30, 2017 10:45 AM NPT By: Republica


KATHMANDU, May 30: The government has not raised the salary of government employees this fiscal year.

However, Finance Minister Mahara in his budget speech mentioned that the government will form a high level committee to review the salary of government employees and take an appropriate decision. 

Minister Mahara announced to introduce a contribution-based pension system for government employees effective from the new fiscal year.

While stating that the formulation of the draft of a new Act is currently underway, Mahara said the ongoing House session will endorse the Act to bring the new pension system into implementation.


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