The primary goals and functions

The primary goals and functions of the Pension fund are:

  • organization of the state provision of pensions of citizens, assignment of pensions, social allowances, compensatory and other payments to citizens, maintenance of recalculation of the sizes of pensions and other payments in the order established by the legislation;
  • financing and organization of payment of pensions and other payments, conducting their accounting and reporting;
  • on the continuous  basis carrying out the analysis and monitoring of assignment and recalculation of pensions, maintenance of strictly targeted use of the assets directed tothe provision of pensions of citizens;
  • organization of activity of service of medical labor examination.

According to the problems assigned to it the Pension fund carries out following functions:

a) regardingrevenues of the Pension fund:

  • accumulates assets from obligatory payments, contributions, and also other payments on the account in the Treasury of the Ministry of Finance of the Republic of Uzbekistan  on assets of the Pension fund and provides financing of expenses on payment of pensions, social allowances, compensatory and other payments;
  • in cooperation with the interested ministries annually develops the forecast of incomes in Pension fund;
  • develops short- and long-term forecasts of incomes and expenses of Pension fund for the purpose of development of anticipatory measures on maintenance of stability and the further perfection of system of the state social insurance;
  • carries out accounting of receipts of payments and other contributions, and also keeping employment record books of the persons engaged in entrepreneurship activity without formation of the juridical person;

b) regarding assignment and recalculation of pensions and social allowances:

  • accepts representations, statements and other documents necessary for appointment and recalculation of pensions and social benefits;
  • prepares, considers and checks the documents presented by legal entities and citizens for assignment of pensions and social benefits;
  • organizes activity of the commissions to destination pensions in district (city) divisions of the Pension fund;
  • on the order approved by the legislation in compliance with accurately registered documents and on the basis of the decisions of the commissions assigns pensions and carries out their recalculation;
  • compilespension files of pensioners and filesof the persons receiving social benefits, other documents provided by the legislation, gives out pension certificates to pensioners;
  • carries out the control over observance of the order of official registration of papers established by the legislation for assignment of pensions and social benefits;

c) regarding realization of expenses on payment of pensions, social benefits, compensatory and other payments:

  • makes operations on charge of pensions and social benefits, draws up and gives out order on payment of pensions and social allowances to non-working pensioners throughpost and banks, and to working pensioners - through organizations;
  • carries out monitoring and control over timely delivery and payment of pensions and social allowancesby the post and banks;
  • charges and pays maternity allowance and childbirth benefit;
  • finances expenses of the organizations on payment of pensions to working pensioners, payments of the additional day off in a month to one of parents of the child-invalid under 16 years, compensatory payments to the citizens who have suffered due to Chernobyl accident, and other payments provided by the legislation;

d) on other issues connected with a provision of pensions of citizens:

  • gives the informationto the population of the republic about provision of pensions of citizens by mass media;
  • considersclaimsof citizens in the terms established by the legislation, carries out an enrolment of citizens;
  • takes part in developing projects of regulatory legal acts, studies modern theoretical workbooks and foreign experience concerning a provision of pensions of citizens;
  • takes part in developing and introduces the automated system of processing of pensions’ assignments and payment of pensions and allowance;
  • co-operates with the public authorities and other organizations in the issues concerning provision of pensions;
  • carries out actions for retraining and improvement of professional skill of workers concerning a provision of pensions;

e) on other issues entering into the competence of the Pension fund:

  • supervises over activity of Republican Commission of medical and social examination, the medical labor commissions of experts;
  • organizes and executesprocedures of claims on the issues within the competence of the Pension fund.

Frequently Asked Questions (FAQ)