#Useful. How can an heir claim a portion of the pension of a citizen who died before retirement? » Gazeta.kg

In response to readers' questions from Kaktus.media about why the pension savings of a deceased citizen who did not live to retirement age disappear, while their debts continue to burden the heirs, the Social Fund provided an answer. The agency clarified that the funds in the individual pension account do not expire but are subject to payment to the heirs in accordance with the established legislation of the Kyrgyz Republic. Heirs can receive pension savings if they have confirmed rights to inheritance via the link for heirs.

According to the fund's information, 10% of citizens' salaries are withheld by the Social Fund, of which 2% goes to the accumulation part. These funds generate income as they are invested in securities and deposits. The accumulation part of the pension can be inherited before reaching retirement age in certain cases, including the death of the citizen. Heirs can receive the entire accumulated amount at once, as explained by the representatives of the Social Fund.

Additionally, in cases where the breadwinner dies, their children are entitled to a survivor's pension:

children studying in general education institutions - up to 18 years;
children studying in secondary specialized and higher educational institutions - up to 23 years.

If the deceased citizen has five children aged under 18 and 23, each of them receives a survivor's pension. These payments are formed from the insurance part of the pension (8% contributed by the deceased to the pension fund) and the basic part funded from the budget. For example, if the insurance part of the pension is 5,000 soms, one child receives 50% of this amount monthly, two children receive 80%, three receive 120%, and four receive 200%. Additionally, each child receives the basic part of the pension, which currently amounts to 3,170 soms, resulting in a total that exceeds the amount the citizen contributed during their lifetime," noted the Social Fund.

If the deceased has no minor children, the pension fund's resources do not remain in the Social Fund or with the state. They are used to pay pensions to other retirees, which confirms the principle of insurance operating within the system," the agency added.