ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of January 15, 2018 No. 23

About modification of the order of the Government of the Kyrgyz Republic "About approval of Rules of management of means of the pension accruals created for benefit of the insured persons which did not use option of managing company, Social fund of the Kyrgyz Republic" of February 28, 2017 No. 129

For the purpose of market development of securities and optimization of conditions for management of means of pension accruals, according to articles 5 and 19 of the Law of the Kyrgyz Republic "About investment of means for financing of investment part of the state pension on the national social insurance in the Kyrgyz Republic", 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. Bring in the order of the Government of the Kyrgyz Republic "About approval of Rules of management of means of the pension accruals created for benefit of the insured persons which did not use option of managing company, Social fund of the Kyrgyz Republic" of February 28, 2017 No. 129 the following changes:

in Rules of management of means of the pension accruals created for benefit of the insured faces which did not use option of managing company, Social fund of the Kyrgyz Republic, approved by the above-stated resolution:

in item 4:

- in the subitem 1 of figure "70" to replace with figures "85";

- add with subitems 4 and 5 of the following content:

"4) bonds of local government bodies of the Kyrgyz Republic in the amount of no more than 10 percent of cost of pension accruals;

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