New EPF chair Sharma sworn-in

KATHMANDU:

Finance Minister Ram Sharan Mahat administered the oath of office and secrecy to newly elected Chairperson of Employees Provident Fund (EPF) , Suman Prasad Sharma on Monday.

On the occasion, Finance Minister Mahat suggested the EPF to work to guarantee safety of depositors' amount and sustainability of collection's outcome at a time when the Fund has already been established as a significant organisation in view of the mobilisation of collected funds.

Presently, the EPF has the collection of around Rs 170 billion and the new act has expanded its jurisdiction.

Newly elected Chairperson Sharma pledged to leave no stone unturned to pay the highest outcomes to fund depositors and guarantee their deposits.

Source: THT