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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 19, 2007 No. 1243

About increase in the sizes of retirement benefits from the State center for pension payment since January 1, 2008

1. Since January 1, 2008 to perform increase in the sizes of retirement benefits from the State center for pension payment:

1) appointed till January 1, 2003, in the amount of the greatest of the following sizes:

depending on the data of working life and the average monthly salary estimated according to the order of the Government of the Republic of Kazakhstan of June 11, 2003 No. 564 "About increase in the sizes of retirement benefits from the State center for pension payment since June 1, 2003". At the same time the maximum size of the average monthly salary by types of economic activity accepted for calculation of the increased sizes of retirement benefits cannot exceed the twenty-fivefold monthly settlement indicator established by the Law of the Republic of Kazakhstan "About the republican budget for 2008";

on 9 (nine) from the size drawn interest retirement benefits;

2) appointed during the period from January 1, 2003 to January 1, 2008, in the amount of the greatest of the following sizes:

depending on the working life and the average monthly income provided for calculation of retirement benefits. At the same time the maximum size of the average monthly income accepted for calculation of the increased sizes of retirement benefits cannot exceed the twenty-fivefold monthly settlement indicator established by the Law of the Republic of Kazakhstan "About the republican budget for 2008";

on 9 (nine) from the size drawn interest retirement benefits;

3) for long service to the military personnel, the staff of law-enforcement bodies and Committee of criminal executive system of the Ministry of Justice of the Republic of Kazakhstan, bodies of financial police and fire service which gives the special ranks and to whom the procedure established for the staff of law-enforcement bodies extends, on 9 (nine) from the size drawn interest retirement benefits.

2. Determine that:

1) the sizes of retirement benefits increased depending on working life and the average monthly salary cannot exceed 75 (seventy five) percent from the twenty-fivefold monthly settlement indicator established by the Law of the Republic of Kazakhstan "About the republican budget for 2008";

2) the increased sizes of retirement benefits for long service to the military personnel, the staff of law-enforcement bodies and Committee of criminal executive system of the Ministry of Justice of the Republic of Kazakhstan, bodies of financial police and fire service which gives the special ranks and to whom the procedure established for the staff of law-enforcement bodies extends cannot exceed the seventy-fivefold monthly settlement indicator established by the Law of the Republic of Kazakhstan "About the republican budget for 2008".

3. To the Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan to prepare explanation on application of this resolution in a month.

4. This resolution becomes effective since January 1, 2008 and is subject to publication.

 

Prime Minister

Republic of Kazakhstan K. Masimov

 

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