ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

of August 2, 2013 No. 74

 About approval of the Provision "About procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of July 11, 2013 No. UP-4547 "About increase in the sizes of the salary, pensions, grants and benefits" 

According to the Presidential decree of the Republic of Uzbekistan of July 11, 2013 No. UP-4547 "About increase in the sizes of the salary, pensions, grants and benefits" (Collection of the legislation of the Republic of Uzbekistan, 2013, 28, of the Art. 357) I order to No.:

1. Approve the Provision "About Procedure for Recalculation of Pensions" according to the Presidential decree of the Republic of Uzbekistan of July 11, 2013 No. UP-4547 "About increase in the sizes of the salary, pensions, grants and benefits" according to Appendix.

2. Declare invalid the 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" (рег. No. 2401 of November 21, 2012) (Collection of the legislation of the Republic of Uzbekistan, 2012, No. 46-47, of the Art. 531).

3. This order becomes effective from the date of its official publication.

Appendix

to the Order of the Minister of Finance of the Republic of Uzbekistan of August 2, 2013 No. 74

Provision

"About procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of July 11, 2013 No. UP-4547 "About increase in the sizes of the salary, pensions, grants and benefits"

This Provision according to item 4 of the Presidential decree of the Republic of Uzbekistan of July 11, 2013 No. UP-4547 "About increase in the sizes of the salary, pensions, grants and benefits" (The collection of the legislation of the Republic of Uzbekistan, 2013, No. 28, of the Art. 357) determines procedure for recalculation of pensions.

1. Since August 15, 2013 in the territory of the Republic of Uzbekistan the minimum sizes are established:

the salary - 91 530 sum a month;

old-age pensions - 179 020 sum a month;

benefits to disabled people since the childhood in the amount of 179 020 sum a month;

old-age benefits and to the disabled citizens who do not have necessary length of service in the amount of 109 850 sum a month.

2. For equalization of earnings from which again granted pensions 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.

3. Sheets on pension payment and benefits, and also postal money transfers for August, 2013 are constituted by district (city) departments of the off-budget Pension fund under the Ministry of Finance of the Republic of Uzbekistan in the terms established by the legislation taking into account increase in their sizes in time 1,075.

4. For pension calculation average monthly earnings in the amount not above the eightfold size of minimum wage (91 530 sum x 8 - 732 240 sum) are accepted.

5. 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 732 240 sum (91 530 bags. x 8) by its multiplication by the percent accepted for calculation of pension depending on duration of length of service.

6. 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.

7. In all cases of the allowance to pensions are determined proceeding from minimum wage (91 530 bags).

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

Appendix

to the Provision "About procedure for recalculation of pensions according to the Presidential decree of the Republic of Uzbekistan of July 11, 2013 No. UP-4547 "About increase in the sizes of the salary, pensions, grants and benefits"

The sizes of minimum wage established in the Republic of Uzbekistan:

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