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LAW OF THE KYRGYZ REPUBLIC

of April 16, 2014 No. 59

About the budget of Social fund of the Kyrgyz Republic for 2014 and the forecast for 2015-2016

(as amended of the Law of the Kyrgyz Republic of 20.03.2015 No. 64)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on March 13, 2014

Article 1.

Approve the budget of Social fund of the Kyrgyz Republic for 2014 and the forecast for 2015-2016 for the income and on expenses according to appendix to this Law.

Establish budget surplus of Social fund for 2014 in the amount 614008, of 1 thousand som.

Article 2.

Determine that in 2014 from means of the Pension fund the debt on insurance premiums for 2011-2012 before Fund of compulsory medical insurance under the Government of the Kyrgyz Republic in the amount is subject to repayment 125204, of 2 thousand som.

Determine that in 2014 from means of the Pension fund the debt on insurance premiums for 2011-2012 before Fund of improvement of workers in the amount 19554, of 3 thousand som is subject to repayment.

Article 3.

Determine that financing in 2014 of 90 percent of annual requirement of funds for payment of basic part of pension is made at the expense of the republican budget, in 2015 - 95 percent, in 2016 and the next years - 100 percent.

Article 4.

Establish financing of Social fund of the Kyrgyz Republic from the republican budget for 2014 - in the amount 15322700, of 0 thousand som, the forecast for 2015 - in the amount 17444700, of 0 thousand som, for 2016 - in the amount 19683300, of 0 thousand som, including:

on basic part of pension for 2014 - 8065188, 3 thousand som, the forecast for 2015 of 9937321, 3 thousand som, for 2016 - 11430303, 9 thousand som;

on compensation payments to pensioners for electrical energy for 2014 of 1832521, 4 thousand som, the forecast for 2015 - 1899630, 0 thousand som, for 2016 - 1951992, 5 thousand som;

on the pensions granted under the Law of the Kyrgyz Republic "About provision of pensions of the military personnel" for 2014 - 1813483, 9 thousand som, the forecast for 2015 of 1637434, 7 thousand som, for 2016 - 1734533, 1 thousand som;

on lump-sum allowance on insured event of the military personnel for 2014 of 20000, 0 thousand som and the forecast for 2015 - 25000, 0 thousand som, for 2016 - 30000, 0 thousand som;

on pension (to mothers having many children and mothers of disabled people since the childhood, for work in the conditions of highlands, living in the remote and hard to reach areas, to workers of flight and flight-test structure of open joint stock company "National air carrier "Kyrgyzstan of Aba to Zholdor", to persons working according to the List No. 2 and in textile production at the companies entering the PESAC program), on allowances to pensions (disabled people, participants of the Great Patriotic War and others, to mothers awarded with the awards "Baatyr Énée" or "Mother heroine" for special merits before the Kyrgyz Republic), on payment of compensations (to participants of recovery from the accident on the Chernobyl nuclear power plant and other nuclear facilities civil or military, on the labor mutilation or occupational disease which lost the supporter at the companies entering the PESAC program on indemnification in connection with reorganization or liquidation of the employer) for 2014 - 3591506, 4 thousand som, the forecast for 2015 - 3945314, 0 thousand som, for 2016 - 4536470, 5 thousand som.

Determine that in 2014 the debt of the republican budget for pension payment, compensations and allowances to pensions financed by means of the republican budget is subject to repayment following the results of 2013 in the amount 214380, of 0 thousand som.

Article 5.

Determine that administrative expenses of Social fund of the Kyrgyz Republic are created and spent in the amount of no more than 3 percent from amount of the arrived insurance premiums.

Article 6.

To the government of the Kyrgyz Republic to take the necessary measures directed to implementation of this Law.

Article 7.

This Law becomes effective since January 1, 2014.

President of the Kyrgyz Republic

A. Atambayev

Appendix

to the Law of the Kyrgyz Republic "About the budget of Social fund of the Kyrgyz Republic for 2014 and the forecast for 2015 - 2016"

Budget of Social fund of the Kyrgyz Republic for 2014 and forecast for 2015-2016

 

line item No.

Budget for 2014

Forecast of the budget for 2015

Forecast of the budget for 2016

In total income (line item 3+29+39+51)

1

38465099,7

40921896,1

44783725,1

in % to GDP

2

9,9

8,8

8,5

including:

 

 

 

 

I. Pension fund

3

35462584,6

37865202,0

41464609,1

1. Remaining balance for the beginning of year

4

627992,6

 

 

2. Insurance premiums, all

5

19059471,4

20314211,2

21674788,7

including:

 

 

 

 

insurance premiums of industrial and other enterprises and organizations

6

10962307,9

12135376,1

13408921,2

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