Pay & TaxSSF Contribution Calculator
Enter a monthly basic salary to see the employee 11%, employer 20% and 31% total deposited to the Social Security Fund, monthly and yearly.
| Contribution | Rate | Monthly | Yearly |
|---|---|---|---|
| Employee share Deducted from salary | 11% | 3,300 | 39,600 |
| Employer share Paid on top of salary | 20% | 6,000 | 72,000 |
| Total to SSF | 31% | 9,300 | 1,11,600 |
SSF in short What employers need to know about SSF
The Social Security Fund runs under the Contribution Based Social Security Act 2074.
31% of basic, every month
11% is deducted from the employee’s salary and 20% is paid by the employer on top. Both are deposited together.
SSF or PF, not both
SSF replaces the PF + CIT route (10% + 10% plus voluntary CIT). An employer runs one scheme for its staff.
Tax advantage
SSF contributors are exempt from the 1% Social Security Tax on the first income band, and contributions count towards the retirement deduction.
What it covers
- Medical, health & maternity
- Accident & disability
- Dependant family protection
- Old-age pension
Enrolment
The employer registers with the Fund, enrols each employee with their social security number and starts depositing from the month they are listed.
Deposit deadline
Monthly contributions are due within 25 days after the end of the month. Late deposits can attract penalties.
FAQs Frequently asked questions
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