SSF Pension Calculator Nepal: Balance ÷ 160 at 60
Enter a basic salary, your age and the months you have contributed. See the Social Security Fund pension the operating procedure gives at 60, the lump-sum choice if you are short of 180 months, and every line of the working.
- Section numbers cited
- No sign-up
- Working shown
SSF old-age pension rules
- Of basic to the pension plan
- 20%
- Balance to monthly pension
- ÷ 160
- Pension age, in years
- 60
- Months of contribution needed
- 180
Stopping early, or using your statement balance
The working
- Pension-plan share: 20% × NPR 30,000 = NPR 6,000 a month (Section 19(2क)).
- Balance today: nothing yet, no months contributed.
- Still to contribute before 60: 360 months × NPR 6,000 = NPR 2,160,000.
- Return: none assumed. The Fund adds the return it declares under Section 24, which this projection leaves out.
- Pension-plan balance at 60: NPR 2,160,000.
- Monthly pension: NPR 2,160,000 ÷ 160 = NPR 13,500 a month for life (Section 21(क)).
A projection, not a guaranteed pension. It assumes today's basic for every future month and the return you entered. The Fund declares the real return (Section 24), sets any inflation adjustment once the pension is paid (Section 24ख), and pays only on a claim it has checked. Your SSF statement is the record. Rules from the Social Security Scheme Operation Procedure, 2075, Sections 19 to 24ङ, read on ssf.gov.np on 2026-11-04.
Where these rules come from
- Social Security Scheme Operation Procedure, 2075 (सामाजिक सुरक्षा योजना सञ्चालन कार्यविधि, २०७५), the Fund's consolidated text with the fifth amendment, approved Poush 10, 2081 and in force from Baishakh 1, 2082. Sections 19 to 24ङ, 26, 34क and 35(3).
- Contribution Based Social Security Act, 2074 (योगदानमा आधारित सामाजिक सुरक्षा ऐन, २०७४), as amended through 2082. Sections 2(छ), 10 and 14(2).
- The minimum remuneration Section 23क is measured against: NPR 19,550 a month (NPR 12,170 basic plus NPR 7,380 dearness allowance), in force from Shrawan 1, 2082.
Last checked against those texts on 4 November 2026.
For the monthly contribution itself, use the SSF contribution calculator. For what the rest of the contribution pays for, read what the SSF's 31% buys. For running it on every payslip, see NepalHRM payroll.
Four Inputs, One Pension Projection
Only the 20% pension-plan share becomes a pension. The calculator builds that balance month by month to 60, divides it by 160, and checks both conditions the procedure sets.
- 1
Enter your basic salary
Basic, not gross. Of the 31% SSF contribution, 28.33% is old-age money: 20% goes to the pension plan under Section 19(2क) and 8.33% to the retirement benefit plan under Section 19(2ख).
- 2
Enter your age and months so far
The calculator counts the months left to 60 and adds the months on your SSF statement, which tests the 180-month condition in Section 22(1).
- 3
Choose a return, or leave it at zero
The procedure fixes no rate: Section 24 leaves it to the Fund. At zero you see contributions only, which you can check by hand. Any rate you enter is your own assumption.
- 4
Read the pension and the working
The balance at 60 divided by 160 is the monthly pension. Short of 180 months, the result shows the Section 22(2) choice between a lump sum and the same pension.
Last updated · Reviewed by Rajendra Regmi, Co-founder
Three Contributors, Worked to Sixty
No return assumed, so every row can be checked by hand: monthly share × months = balance, and balance ÷ 160 = pension.
| Contributor | Monthly to the pension plan | Months by 60 | Balance at 60 | What the procedure gives |
|---|---|---|---|---|
| Starts at 30 on NPR 30,000 basic | 20% = NPR 6,000 | 360 | NPR 2,160,000 | NPR 13,500 a month for life |
| Starts at 50 on NPR 40,000 basic | 20% = NPR 8,000 | 120, 60 short | NPR 960,000 | NPR 960,000 lump sum, or NPR 6,000 a month for life (Section 22(2)) |
| Starts at 35 on NPR 150,000 basic | NPR 19,550, capped by Section 23क | 300 | NPR 5,865,000 | NPR 36,656 a month for life |
The retirement benefit plan is paid separately as a lump sum under Section 23(2): NPR 899,640, NPR 399,840, NPR 6,883,500 in the three rows. Row three reads Section 23क as capping the pension-plan deposit at one month's minimum remuneration (NPR 19,550) once basic is above NPR 97,750; that reading is explained in the rules below.
The same formula, with the medical, accident and dependent-family schemes the rest of the contribution pays for, is in our guide to what the SSF contribution buys. Read the SSF schemes guide
Nine Clauses Decide Your SSF Pension
All from Chapter 5 of the Social Security Scheme Operation Procedure 2075 (सामाजिक सुरक्षा योजना सञ्चालन कार्यविधि), as amended to the fifth amendment.
28.33% of basic is old-age money
Section 19(1): the employer's 10% provident fund and 8.33% gratuity, plus the worker's 10% provident fund, 28.33% of basic in all, run the old-age protection scheme. Section 25 allocates the same 28.33% out of the monthly 31%.
20% to the pension plan, 8.33% to the retirement plan
Section 19(2क) puts 20% of basic into the pension plan (निवृत्तभरण योजना) and Section 19(2ख) puts 8.33% into the retirement benefit plan (अवकाश सुविधा योजना). Only the 20% becomes a monthly pension.
The pension is the balance ÷ 160
Section 21(क): on reaching retirement age, the pension-plan balance plus the return the Fund earned on it, divided by 160, is paid every month for life.
Age 60 and 180 months
Section 22(1): to receive the pension a contributor must have completed 60 years of age and contributed for at least 180 months.
Under 180 months at 60: a choice
Section 22(2): a contributor who turns 60 before completing 180 months may take the whole balance as a lump sum, or the same balance ÷ 160 every month for life. If employment ends earlier, Section 34क lets the worker keep contributing by paying the whole contribution.
The 8.33% comes back as a lump sum
Section 23(2): the retirement benefit plan and its return are paid in one sum on retirement or when the employment ends, or to the heir on death. Section 23(3) allows a special loan of up to 80% of it after three years of continuous contribution.
A high basic fills the pension plan only so far
Section 23क(1): where a contribution is on more than 5 times the government's minimum remuneration, the pension plan receives up to the minimum remuneration each month and the rest goes to the retirement benefit plan. Read here as a cap of NPR 19,550 a month on a basic above NPR 97,750. Section 23क(2) lets the contributor move that money into the pension plan.
Who is in the pension plan
Section 20(1): everyone who started contributing on or after Shrawan 1, 2078. Section 20(2) let earlier contributors join in writing, and Section 23(1)(घ) let them move pension-plan money to the retirement benefit plan. Your SSF statement shows which plan holds your balance.
Death, and working past 60
Section 21(ख): if a contributor dies before pension age, the heir receives the contributions, the employer's contributions and the return as one sum. Section 24ग: if a pensioner dies within seven years of the pension starting, the spouse receives the same pension for the rest of the seven years, then 50% of it for life. Section 24ङ sends contributions made after 60 to the retirement benefit plan.
The Months That Build It, On Every Payslip
A pension is built from months that were actually contributed. NepalHRM calculates the 31% on every payroll run, so each month's contribution is worked out on basic and shown to the employee.
- The employee's 11% is deducted and the employer's 20% added on every payroll run, on basic salary.
- Both sides appear on the payslip, so an employee can match each month against their SSF statement.
- An SSF contributor's exemption from the 1% social security tax is applied in the TDS calculation.
- Payroll periods follow the BS fiscal year, so the contribution history lines up with the year you report on.
The SSF Pension, Answered
Take the pension-plan balance at 60, which is 20% of basic for every month contributed plus the return the Fund has added, and divide it by 160. That amount is paid every month for life under Section 21(क) of the Social Security Scheme Operation Procedure 2075. On a NPR 30,000 basic contributed for 360 months it is NPR 2,160,000 ÷ 160 = NPR 13,500 a month, before any return.
At 60, for a contributor with at least 180 months of contribution (Section 22(1)). It is claimed from the Fund: Section 26 names the pension claim form as Schedule 8, after which the Fund issues the pension determination and the pension authority letter.
You choose. Section 22(2) lets a contributor who turns 60 before completing 180 months take the pension-plan balance as a lump sum, or the same balance ÷ 160 every month for life. Starting at 50 on a NPR 40,000 basic gives 120 months: NPR 960,000 at once, or NPR 6,000 a month.
It goes to the retirement benefit plan (Section 19(2ख)) and comes back as a lump sum with its return when you retire or the employment ends (Section 23(2)). It is separate from the pension and does not affect the ÷ 160.
The procedure does not fix one. Where an interest rate has been set for the scheme, Section 24(1) makes that rate the return, and Section 24(2) allows an extra return from the Fund's profit. That is why the calculator starts at 0% and treats any rate as your assumption rather than the Fund's.
It can. Section 24ख adjusts a pension in payment for inflation at a rate the Fund's board sets on an actuary's report. The rate is not known in advance, so the calculator shows the pension at the start, in today's money terms.
Before 60, the heir receives the contributions, the employer's contributions and the return as one sum (Section 21(ख)). After the pension starts, if death comes within seven years, the spouse receives the same pension for the rest of those seven years and then 50% of it for life (Section 24ग).
No. It applies only the Social Security Fund's rules. A pension under any other law, such as a civil servant's, is not calculated here.
पेन्सन in everyday Nepali and निवृत्तिभरण in law. The SSF operating procedure spells it निवृत्तभरण and calls the whole scheme वृद्ध अवस्था सुरक्षा योजना (old-age protection scheme), split into the निवृत्तभरण योजना (pension plan) and the अवकाश सुविधा योजना (retirement benefit plan). A lump sum is एकमुष्ठ, and the Fund's return is प्रतिफल.
Guides to the SSF pension
What the rest of the 31% buys, how to read the balance the pension is built from, and how PF and gratuity moved into the Fund.
- SSF Schemes in Nepal: What the 31% Actually BuysNepal's Social Security Fund splits every contribution four ways. The medical caps, the accident cover, the dependent benefits, and the pension divisor of 160.
- How to Check Your SSF Balance and Statement in NepalYour SSF balance lives with the Fund, not with your employer. The contributor portal, the SSF Nepal app, and what to do when the number does not match your payslips.
- PF and Gratuity to SSF: An Employer's Migration GuideMoving from provident fund and gratuity to Nepal's Social Security Fund changes three payroll lines and one tax band. What it costs, with the numbers worked out.
- CIT vs PF vs SSF: Which Saves You More TaxPF, CIT and SSF all reduce taxable income, but only to a point. What each one costs, what the NPR 500,000 ceiling does, and which combination actually leaves more.
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