As of 2017 Kyrgyz citizens will be able to choose the fund for their retirement savings
Date: 11:43, 25-03-2016.
Almaty. March 25. Silkroadnews - As of 2017 Kyrgyz citizens will be able to choose the company to allocate their retirement savings, the head of the State Pension Savings Fund Rahat Pirmatov said.
“Now we solve the task to provide our citizens with freedom to choose the organization or institution to allocate their retirement savings. Those who do not want to transfer their funds to another institution will be served by the Social Fund. The process shall start working as of 2017,” said R. Pirmatov at the press conference on Friday.
According to him, the State Pension Savings Fund has accumulated more than 6 billion som, 280 million som have been paid out.
