LAW OF TURKMENISTAN

of March 13, 2021 No. 342-VI

About modification and amendments in the Law of Turkmenistan "About the national pension insurance"

I. Bring in the Law of Turkmenistan "About the national pension insurance", adopted on March 31, 2012 (Sheets of Majlis of Turkmenistan, 2012, No. 1, Art. 38; 2013, No. 4, Art. 91; 2014, No. 3, Art. 113; 2015, No. 3, Art. 114; 2017, No. 4, Art. of Art. 147 and 170; 2018, No. 2, Art. 43, No. 4, Art. 109; 2020, No. 3, Art. 47), following changes and amendments:

Item 5 parts one of Article 6 to state 1) in the following edition:

"5) the self-employed persons having the income, including the physical persons gaining income from the sources which are outside Turkmenistan and from nonresidents of Turkmenistan.";

2) in Article 7:

5 parts two to state Item in the following edition:

"5) the self-employed persons having the income, including the physical persons gaining income from the sources which are outside Turkmenistan and from nonresidents of Turkmenistan;";

after part five to add with part of the following content:

"5-1. If persons working in public organizations of persons with disability, their companies and organizations receive pension or public welfare payment on disability, they stop participation in mandatory pension insurance.";

3) part third of Article 21 to recognize invalid;

4) in Article 23:

in part four:

shall be replaced with words the words "shall pay pension contributions along with submission of the declaration to local body of the Pension fund of Turkmenistan" "except for lessees, pay pension contributions no later than the 15th day of the second month following settlement period";

add with the paragraph of the following content:

"Settlement period for the insurers specified in paragraph one of this part is the period from January 1 to June 30 and from July 1 to December 31 every year.";

after part four to add with part of the following content:

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