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LAW OF THE REPUBLIC OF TAJIKISTAN

of July 3, 2012 No. 860

About the personified accounting in system of mandatory pension insurance

This Law establishes the legal basis and the principles of the organization of the personified accounting of information about insured persons in system of mandatory pension insurance of the Republic of Tajikistan.

CHAPTER 1. GENERAL PROVISIONS

Article 1. Basic concepts

In this Law the following basic concepts are used:

- the personified accounting - method of collection, processing and storage of the data necessary for purpose of pensions in system of mandatory pension insurance;

- insured person - physical person for benefit of which mandatory pension insurance according to the legislation of the Republic of Tajikistan is performed;

- the insurer - physical persons and legal entities (the companies, organizations and other organizations, irrespective of their organizatsionnopravovy forms) which according to the legislation of the Republic of Tajikistan pay fees on mandatory pension insurance (further - insurance premium);

- insurance organization (further - the insurer) - the authorized state body performing the personified accounting in system of mandatory pension insurance;

- insurance premium - obligatory payment on insurance pension which the insurer shall bring to the insurer;

- actuarial calculations - financial analysis of functioning of system of mandatory pension insurance for short, average and long-term outlook, taking into account demographic situation, the labor market and economic and social situation of the country which contains assessment of financial liabilities of subjects of mandatory pension insurance and the forecast of financial effects of any changes in this system;

- archive of documents of the personified accounting - the structural division of the insurer performing acceptance, completing and document storage of the personified accounting, the personified accounting of information about the insured persons formed as a result of maintaining;

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