ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of September 22, 2018 No. 443

About indexation of the sizes of insurance parts of pension since October 1, 2018

For the purpose of ensuring further support of living standards of pensioners, according to articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic", article 7 of the Law of the Kyrgyz Republic "About the national pension social insurance" the Government of the Kyrgyz Republic decides:

1. Approve since October 1, 2018 coefficient of indexation of the sizes of insurance parts of pension in the amount of 1,07.

2. To social fund of the Kyrgyz Republic:

- index since October 1, 2018 the sizes of insurance parts of the pensions granted till October 1, 2018 according to the Law of the Kyrgyz Republic "About the national pension social insurance" on coefficient of indexation of 1,07, but for 250 som at least for pensions which general size does not exceed and constitutes 4393 som, and for 370 som at least for pensions which general size constitutes and exceeds 4394 som;

- provide timely recalculation of the sizes of insurance parts of pensions and their payment in new sizes.

3. To impose control of execution of this Resolution on department of social development of Government office of the Kyrgyz Republic.

4. This Resolution is subject to official publication and becomes effective since October 1, 2018.

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