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Section 57
Social Security is Voluntary
According to this Act, if someone does not want to take any benefit received under social security or if he wants to leave the benefit, he can voluntarily not take or leave such benefit.
Continuous Social Security Act, 2074
Preamble - 0
Chapter - 2
Section 3: Not receiving social security without contributionSection 4: Contribution must be depositedSection 5: Informal sector workers and self-employed persons can participate in the social security schemeSection 6: Who can choose a social security planSection 7: Rate of contributionSection 8: Provisions relating to contributions for periods of non-remunerationSection 9: Recovery of contribution amountSection 10: Administering Social Security SchemeSection 11: Can operate different social security schemesSection 12: To maintain separate accountsSection 13: Deemed to be participating in a social security schemeSection 14: Convenience PayingSection 15: Suspension and Termination of FacilitiesSection 16: Section 17: as the Treasury may orderSection 18: Other provisions relating to social security schemes
Chapter - 3
Section 19: Publish notice to be listedSection 20: Section 21: Provisions regarding listing of persons in government service or persons receiving remuneration from government fundsSection 22: Considered listedSection 23: Cataloging recordsSection 24: Information to be given if not employedSection 25: Employer Registration Number Not Maintained
Chapter - 4
Section 26: Establishment of FundSection 27: The Fund shall be a self-governing and organized bodySection 28: Office of the FundSection 29: CommitteeSection 30: Committee meetings and decisionsSection 31: Functions, Duties and Powers of CommitteesSection 32: Investment of fund amountSection 33: Accounting of fundsSection 34: Audit of the fundSection 35: Internal control system should be maintainedSection 36: to be assessed by the Air ForceSection 37: Responsibility for conducting audits and risk assessmentsSection 38: A subcommittee may be formed
Chapter - 8
Section 53: Provisions relating to reserve fundSection 54: Other Funding ArrangementsSection 55: Annual report to be submittedSection 56: Collection on same as government duesSection 57: Social Security is VoluntarySection 58: Unclaimed amount to be deposited in fundSection 59: Able to get helpSection 60: Disclosure of Financial StatementsSection 61: Insurance or ReinsuranceSection 62: Obligation of the Government of NepalSection 63: Dissolution of fundsSection 64: Collective Bargaining Not AffectedSection 65: Government of Nepal may give instructionsSection 66: Contact with the Government of NepalSection 67: Protection of Social Security FundSection 68: According to this Act Section 69: Power to make rulesSection 70: Can make regulations, guidelines and procedures