Social Insurance
Pension and provident funds, life insurance schemes, and rural life insurance.
Social Insurance Schemes — 2017 vs 2022 Overview
| Scheme | 2017 | 2022–25 |
|---|---|---|
| NPPF National Pension & Provident Fund |
Mandatory savings for civil servants, state-owned corporations, armed forces. Civil servants: min. 11% of monthly salary. Armed Forces: 15%. Royal Bhutan Police: 12%. Employer contributes equal amount. | No change since 2010 Amendment. Contribution rates unchanged. |
| PPF Provident Fund |
Covers private sector and non-government entities. Contribution determined by employment contract; no less than 5% of basic salary. | Changed September 2024. Previous guidelines not found. New guidelines retain same minimum: "no less than 5% of basic salary." |
| RLI Rural Life Insurance |
Voluntary life insurance for people aged 8+ in rural areas. Annual premium: Nu. 87 per person (2017). | No change since September 2017. New premium Nu. 195 (with subsidy): Nu. 87 employee + Nu. 108 government. Note: Excel flags this rate as "seemed to be temporary until October 31, 2018" — status post-2018 unclear. |
| GIS Group Insurance Scheme |
Compulsory life insurance for salaried workers in public sector. | No change up to 2024. |
| GSLI Group Saving Linked Insurance |
Compulsory life insurance for all other workers (non-public sector). | New 2022 guidelines issued. Premium table below. |
| ⚠ Note: Check if there are changes in 2024 | ||