6. Functions, Duties and power of the Committee:
The Committee shall have the following functions, duties and power:-
(a) to suggest and advise the Government of Nepal on policy matters related to social security program.
(b) to prepare an outline of programs to be implemented by the Fund and to send it for approval to the Government of Nepal.
(c) to implement or cause to be implemented the programs approved by the Government of Nepal.
(d) to invest the amounts collected in the fund in secure sector for more income.
(e) to prepare investment policy of fund and to implement it after the approval of Government of Nepal.
(f) to formulate laws relating to social security plan and programs.
(g) to approve annual budget , plans and programs.
(h) to keep record of the contributors and to update it regularly.
(i) to distribute identity cards to the contributors.
(j) to carry out other works in order to run social security programs.