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Turkmenistan > Old-age, invalidity and survivors benefit

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Country: Turkmenistan - Subject: Old-age, invalidity and survivors benefit

  1. Turkmenistan - Old-age, invalidity and survivors benefit - Law, Act

    Law of Turkmenistan of 18 December 2013 to Amend and Supplement the Law of Turkmenistan On State Pension Insurance. - Legislation On-Line in Russian

    Adoption: 2013-12-18 | Date of entry into force: 2014-01-01 | TKM-2013-L-96239

    Supplements, inter alia, Article 7 (The Insured Person) with a new Part 5 on cases of termination of participation in compulsory pension insurance. Rephrases Parts 1 and 5 of article 19 (Basis of Calculation of Pension Payments), Part 1 of Article 20 (Rates for Calculation of Pension Contributions for Pension Insurance), Parts 2 and 3 of article 21 (Declaration of Pension Contributions), and Parts 2, 3 and 4 of article 23 (Payment of Pension Contributions).

  2. Turkmenistan - Old-age, invalidity and survivors benefit - Law, Act

    Law of Turkmenistan on State Pension Insurance, 2012. - Information online in Russian and English

    Adoption: 2012-03-31 | Date of entry into force: 2013-01-01 | TKM-2012-L-90466

    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


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