of July 25, 2018 No. 347
About approval of the Procedure for indexation of the pensions granted according to the Law of the Kyrgyz Republic "About the national pension social insurance"
For the purpose of implementation of article 7 of the Law of the Kyrgyz Republic "About the national pension social insurance", according to articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:
1. Approve the Procedure for indexation of the pensions granted according to the Law of the Kyrgyz Republic "About the national pension social insurance" according to appendix.
2. This resolution becomes effective after fifteen days from the date of official publication.
3. To impose control of execution of this resolution on department of social development of Government office of the Kyrgyz Republic.
Prime Minister of the Kyrgyz Republic
M. Abylgaziyev
Appendix
Approved by the Order of the Government of the Kyrgyz Republic of July 25, 2018, No. 347
1. This Procedure for indexation of the pensions granted according to the Law of the Kyrgyz Republic "About the national pension social insurance" determines the mechanism of indexation basic and insurance parts of pension.
2. The purpose of indexation of pension - maintenance of purchasing power of pensions in connection with growth of consumer price index and the average salary which developed for the calendar year preceding indexation.
3. Indicators of subsistence minimum of the pensioner, consumer price index as a percentage to previous year and the average monthly salary are the indicators created and published by National Statistical Committee of the Kyrgyz Republic which developed for the previous calendar year.
4. General pension on the national pension social insurance consists from solidary (basic and insurance pensions) and accumulative parts, except pension on the occasion of loss of the supporter which consists from basic and insurance parts of pension.
5. The general size of pension is determined without the allowances established according to article 13 of the Law of the Kyrgyz Republic "About the national pension social insurance" and compensation payments.
6. Indexations basic and insurance parts of pension are carried out annually by adoption of resolutions of the Cabinet of Ministers of the Kyrgyz Republic, within the means provided in the budget of Social fund of the Kyrgyz Republic.
7. Source of financing of indexation of basic part of pension are assignments from the republican budget. Source of financing of indexation of insurance parts of pension are budget funds of the Pension fund. Source of financing of indexation of basic part of pension and insurance part of pension of SP1 to persons receiving pensions according to the List No. 2, to workers of textile productions and for special working conditions are means of the employer.
8. If indexation basic and insurance parts of pension are carried out at the same time, then at first indexation of basic part of pension is made, then indexation of insurance parts of pension is made.
9. Condition for carrying out indexation of basic part of pension is increase in size of the average salary on the republic for the previous calendar year preceding indexation.
10. The basic part of the pensions granted according to the Law of the Kyrgyz Republic "About the national pension social insurance" at the time of adoption of the resolution of the Cabinet of Ministers of the Kyrgyz Republic on carrying out indexation of basic part of pension is subject to indexation.
11. The basic part of pension is indexed if the general size of pension is lower than the size of subsistence minimum of the pensioner who actually developed for the previous calendar year.
12. The basic part of pension is not indexed if the general size of pension is equal or more than the size of subsistence minimum of the pensioner who actually developed for the previous calendar year.
13. The basic part of pension taking into account indexation constitutes the work of size of basic part of pension of the pensioner who developed for the previous year preceding indexation on growth of the average salary of the previous year preceding indexation in percentage expression with rounding to integer.
where:
Bandage - the Basic part of pension taking into account indexation for the corresponding year, with rounding to integer;
Bpred. years - the size of basic part of pension of the pensioner which developed for the previous year preceding indexation;
rostsmz % - growth of the average salary of the previous year preceding indexation in percentage expression.
The example of calculation of basic part of pension taking into account indexation for 2018 is given in table 1:
Table 1
14. To persons receiving disability pensions of the I group, estimated according to item 4 of article 17 of the Law of the Kyrgyz Republic "About the national pension social insurance", the basic part of pension is indexed on growth of the average salary of the previous year preceding indexation in percentage expression, except for persons whose general size of pensions is equal or are exceeded by subsistence minimum of the pensioner who actually developed for the previous calendar year.
15. In case of change of group of disability, for the purpose of indexation of basic part of pension the size of general pension is reviewed according to article 17 of the Law of the Kyrgyz Republic "About the national pension social insurance" according to terms, stipulated in Item 3 articles 26-1 of this Law.
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The document ceased to be valid since August 9, 2024 according to Item 2 of the Order of the Government of the Kyrgyz Republic of July 23, 2024 No. 411