ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

of November 19, 2012 No. 82

About approval of the Regulations on procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of November 9, 2012 No. UP-4482 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits"

According to the Presidential decree of the Republic of Uzbekistan of November 9, 2012 No. UP-4482 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits" (Collection of the legislation of the Republic of Uzbekistan, 2012, 45, of the Art. 510) I order to No.:

1. Approve Regulations on procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of November 9, 2012 No. UP-4482 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits" according to appendix.

2. Declare invalid the order of the Minister of Finance of the Republic of Uzbekistan of July 18, 2012 No. 52 "About approval of the Regulations on procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of July 5, 2012 No. UP-4450 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits" (рег. No. 2380 of July 20, 2012) (Collection of the legislation of the Republic of Uzbekistan, 2012, No. 29, the Art. 345).

3. This order becomes effective after ten days from the date of its state registration in the Ministry of Justice of the Republic of Uzbekistan.

Appendix

to the order of the Minister of Finance of the Republic of Uzbekistan of November 19, 2012 No. 82

Regulations on procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of November 9, 2012 No. UP-4482 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits"

This Provision according to item 4 of the Presidential decree of the Republic of Uzbekistan of November 9, 2012 No. UP-4482 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits" (The collection of the legislation of the Republic of Uzbekistan, 2012, No. 45, of the Art. 510) determines conditions of recalculation of pensions.

1. The minimum sizes are established since December 1, 2012 in the territory of the Republic of Uzbekistan:

the salary - 79 590 sum a month; old-age pensions - 155 670 sum a month; benefits to disabled people since the childhood of 155 670 sum in month; old-age benefits and to the disabled citizens who do not have nekobkhodimy length of service in the amount of 95 520 sum a month.

2. For equalization of earnings from which the pensions which are again granted after December 1, 2012 using individual coefficients of earnings are estimated (entered since October 1, 2011) the minimum sizes of the salary according to appendix to this Provision are accepted.

The pensions granted till December 1, 2012 are recalculated by increase in their size in time 1,1 according to the amount of increase provided in the above-named Decree.

3. For pension calculation average monthly earnings in the amount not above the eightfold size of minimum wage are accepted (79 590 sum x 8 = 636 720 sum).

4. If the size of the new average monthly salary, taking into account application of individual coefficient of earnings, constitutes eightfold minimum wage and above, recalculation of pension is performed from earnings in the amount not above the eightfold size of minimum wage of 636 720 sum (79 590 bags x 8) by its multiplication by the percent accepted for calculation of pension depending on duration of length of service.

5. In case of absence at retirement pensioners or on disability of I and II groups of the length of service necessary for establishment of pension according to articles 7 and 17 of the Law of the Republic of Uzbekistan "About the state provision of pensions of citizens" (Sheets of the Supreme Council of the Republic of Uzbekistan, 1993, No. 9, of the Art. 338), the pension size in case of recalculation is determined in the amount of, pro rata to the available years of service.

6. In all cases of the allowance to pensions are determined proceeding from the minikmalny salary (79 590 bags).

7. This Provision is approved with the Ministry of Labour and Social Protection of the population of the Republic of Uzbekistan.

Appendix

to Regulations on procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of November 9, 2012 No. UP-4482 "About Increase in the Sizes of the Salary, Pensions, Grants and Social Benefits"

The established sizes of minimum wage in the Republic of Uzbekistan

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