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Uzbekistan raises rate of mandatory insurance fee to Pension Fund
Uzbekistan raises rate of mandatory insurance fee to Pension Fund

Uzbekistan raises rate of mandatory insurance fee to Pension Fund

Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan increased a rate of mandatory insurance fee of citizens to off-budget Pension Fund under the Ministry of Finance of Uzbekistan.

New rates were set by the resolution of the President of Uzbekistan Islam Karimov “On forecast of main macroeconomic figures and parameters of State Budget of Uzbekistan for 2013”.

According to the resolution, the rate of mandatory insurance fee of citizens from their income as salaries to off-budget Pension Fund under the Ministry of Finance grew by 0.5 percentage point to 6%.

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