The Koshi Province government has signed an agreement with the Employees Provident Fund (EPF) to manage contribution-based pensions for provincial and local government employees. The pact was signed by Secretary Koshhari Niraula and EPF Administrator Jitendra Dhital. Applicable to employees appointed after July 17, 2019, the scheme mandates a 6 percent salary contribution from employees, matched by the employer. The initiative aims to reduce long-term pension liabilities while mobilizing funds for infrastructure development projects.
