THE STATE OF THE PENSION SYSTEM IN UZBEKISTAN

Authors

  • Jakhongir Tursunov PhD The Banking and finance academy of the Republic of Uzbekistan

Keywords:

physical culture and sports, physical fitness, athletics, educational and training process.

Abstract

In the article the role of pension system in social supporting the citizens, ongoing reforms in the pension provision system in 2020 and their significance are explained, defined tasks in the Concept of the Reform of the State Pension System for 2019-2030 are outlined, and scientific conclusions, proposals and recommendations have been developed.

References

There is a need to gradually increase the retirement age in Uzbekistan - 63 years for males and 58 for women, as the current retirement age (60 years for males and 55 for women) was established in 1956. At that time the average life expectancy in the country was 47 years. Today this indicator is 73.8 years. This implies the increase of the retirement age.

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Published

2022-12-13

Issue

Vol. 1 No. 3 (2022): IEC

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

THE STATE OF THE PENSION SYSTEM IN UZBEKISTAN. (2022). Proceedings of International Educators Conference, 1(3), 29-32. https://econferenceseries.com/index.php/iec/article/view/533