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RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of September 9, 2022 No. 505

About indexation of the sizes of insurance parts of pension since October 1, 2022

For the purpose of ensuring further support of living standards of pensioners, according to articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic", article 7 of the Law of the Kyrgyz Republic "About the national pension social insurance" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Approve since October 1, 2022 coefficient of indexation of the sizes of insurance parts of pensions in the amount of 1,15.

2. To social fund of the Kyrgyz Republic under the Cabinet of Ministers of the Kyrgyz Republic:

To index 1) since October 1, 2022 the sizes of insurance parts of the pensions granted till October 1, 2022 according to the Law of the Kyrgyz Republic "About the national pension social insurance" on coefficient of indexation of 1,15;

2) to 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 management of control of execution of decisions of the President and the Presidential Administration Cabinet of Ministers of the Kyrgyz Republic.

4. This resolution becomes effective from the date of official publication.

Chairman of the Cabinet of Ministers of the Kyrgyz Republic

A. Zhaparov

 

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