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RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of October 29, 2024 No. 652

About approval of the Regulations on the corporate accumulation pension funds in the Kyrgyz Republic

For the purpose of development of the corporate accumulation pension funds in the Kyrgyz Republic, according to part 5 of article 2-1 of the Law of the Kyrgyz Republic "About the accumulation pension funds in the Kyrgyz Republic", articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Approve Regulations on the corporate accumulation pension funds in the Kyrgyz Republic according to appendix.

2. This resolution is subject to official publication and becomes effective after fifteen days from the date of official publication.

Chairman of the Cabinet of Ministers of the Kyrgyz Republic

A. Zhaparov

Appendix

to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of October 29, 2024 No. 652

Regulations on the corporate accumulation pension funds in the Kyrgyz Republic

1. General provisions

1. This Provision determines the legal basis of creation, the organization, functioning, management when implementing activities of the corporate accumulation pension funds in the Kyrgyz Republic.

2. The corporate accumulation pension fund (further - fund) is created on voluntary basis for provision of additional non-state pension provision to members of labor collective according to the agreements of corporate provision of pensions signed between the employer and the fund or managing company exercising trust management.

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