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Law of Turkmenistan on State Pension Insurance, 2012.

Main Region

First Region

Turkmenistan
Old-age, invalidity and survivors benefit
2012-03-31
National
Law, Act

Second Region

CHAPTER I - GENERAL PROVISIONS (articles 1-2)
CHAPTER II - PARTICIPANTS OF LEGAL RELATIONSHIP WITH STATE PENSION INSURANCE [SYSTEM]
Article 3: Types of state pension insurance
Article 4: The Subjects of state pension insurance
Article 5: The Insurance Company
Article 6: The Insurer
Article 7: The insured
Article 8: Insurance risk and insured event
Article 9: The registration and deregistration of insurers
Article 10: The obligation of banks for providing information to local bodies of the Pension Fund of Turkmenistan
CHAPTER III - THE ROLE OF GOVERNMENT IN THE SPHERE OF STATE PENSION INSURANCE
Article 11: The bodies implementing state governance in the sphere of state pension insurance
Article 12: The powers of the cabinet of ministers of Turkmenistan in the sphere of state pension insurance
Article 13: The powers of the Ministry of Labour and Social Welfare of Turkmenistan in the sphere of state pension insurance
Article 14: The rights, obligations and responsibilities of the Pension Fund of Turkmenistan in the sphere of the state pension insurance
CHAPTER IV - RIGHTS AND DUTIES OF THE SUBJECTS OF THE STATE PENSION INSURANCE (articles 15-18)
CHAPTER V - BASIS FOR CALCULATION OF PENSION CONTRIBUTIONS, CALCULATION AND PAYMENT OF PENSION CONTRIBUTIONS
Article 19: The basis for calculation of pension payments
Article 20: Rates for calculation of pension contributions for pension insurance
Article 21: Declaration of pension contributions
Article 22: Calculation of pension contributions
Article 23: Payment of pension contributions
Article 24: Payment of pension contributions in case of liquidation of a legal person
Article 25: Payment of pension contributions on reorganization of a legal entity
Article 26: Payment of arrears of pension contributions in case of death of physical person-individual employer
Article 27: Payment of pension contribution for the missing, absent or incompetent physical person
Article 28: Clearing off of pension contribution payments recognized as bad debt
CHAPTER VI - MEASURES FOR ENSURING FULFILLMENT OF OBLIGATIONS TO PAY PENSION CONTRIBUTIONS
Article 29: Enforcement of obligations to pay pension contributions
Article 30: Submission of acceptance-free payment request to the bank
Article 31: Suspension of operations of the bank account
Article 32: Prohibition on the right of insurer to dispose off property
Article 33: The statement of claim in the court for foreclosure/execution on the property
Article 34: Fines (penalties)
CHAPTER VII - MEANS OF PENSION INSURANCE. ACCOUNTING FOR PENSION INSURANCE CONTRIBUTIONS
Article 35: Means of pension insurance
Article 36: Accounting of pension contributions
Article 37: The Pension Insurance Book
CHAPTER VIII - FINANCIAL SANCTIONS
Article 38: The scope of this chapter
Article 39: Application of financial sanctions
Article 40: Financial sanctions for understating the sum of pension contributions
Article 41: Financial sanctions for violation by insurer of the imposed prohibition on the right to dispose off the property
Article 42: Financial sanctions for non-fulfillment of duty to inform about opening of bank account
Article 43: Financial sanctions for non-fulfillment by the bank of decision of the local authority of the Pension Fund of Turkmenistan to suspend operations on the accounts of the insurer
Article 44: Change of terms of payment of financial sanctions and penalties
CHAPTER IX - APPEAL AGAINST THE DECISIONS OF THE PENSION FUND OF TURKMENISTAN, ACTIONS OF ITS OFFICERS AND STAFF
Article 45: Procedure for submission and processing of complaints
CHAPTER X - FINAL PROVISIONS
Article 46: Period of limitation of actions
Article 47: The enforcement of this Law
Article 48: Liability for violation of this Law
Article 49: Transitional Provisions
Article 50: Entry into force of this Law

Entry dates region

    Date of entry into force
    2013-01-01
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Electronic region

Monograph region