PRESIDENTIAL DECREE OF TURKMENISTAN

of March 20, 2007 No. RR-4716

About establishment of basic size and the standard rate for calculation of pensions and public welfare payments

Due to the adoption of the Code of Turkmenistan "About social security" and for the purpose of realization of state policy in the field of social security I decide:

1. Establish:

basic size for determination of the minimum size of pension and calculation of public welfare payments in the amount of 500 thousand manats;

the standard rate of work pension and public welfare payment on disability in the amount of one percent.

2. Recognize to invalid:

The presidential decree of Turkmenistan from 6 Magtymgula 1994 No. 1226 "About privileges to separate categories of citizens" (Collection of acts of the President of Turkmenistan and decisions of the Government of Turkmenistan, 1994, No. 5, the Art. 1985);

The presidential decree of Turkmenistan from 18 Baydak 1998 No. 2471 "About the sizes of pensions" (Collection of acts of the President of Turkmenistan and decisions of the Government of Turkmenistan, 1998, No. 2, the Art. 4398);

The presidential decree of Turkmenistan from 3 Nowruz of 2000 No. 3066 "About the maximum sizes of public welfare payments" (Collection of acts of the President of Turkmenistan and decisions of the Government of Turkmenistan, 2000, No. 3, the Art. 126);

The presidential decree of Turkmenistan from 7 Magtymgula 2003 No. 3856 "About increase in the sizes of pensions and public welfare payments in Turkmenistan" (Collection of acts of the President of Turkmenistan and decisions of the Government of Turkmenistan, 2003, No. 5, the Art. 165);

paragraphs the sixth, ninth and eleventh Item 14 of the resolution of the President of Turkmenistan from 21 Gorkut of 1998 No. 3781 "About measures for enhancement of provision of pensions in Turkmenistan" (Collection of acts of the President of Turkmenistan and decisions of the Government of Turkmenistan, 1998, No. 7, the Art. 4691);

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