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WHAT HAPPENS IF YOU DON'T HAVE ENOUGH WORK EXPERIENCE TO RETIRE.
⚡️QUESTION;
I am 54 years old. I know women need to have at least 20 years of experience to retire at age. My current work experience is 11 years. Next year I will reach retirement age. Then how will I retire. Can I retire with 11 years of experience?
⚡️ANSWER;
Article 03.09.1993 of the Law of the Republic of Uzbekistan No. 938-XII of 7 "On state pension provision of citizens" stipulates that women are entitled to retire at the age of 55 and have at least 20 years of work experience. is shown to have.
✅ Article 8 of the above law stipulates that in order to receive an old-age pension for a person who does not have sufficient length of service to receive a pension, the person must have at least 7 years of work experience and at least 7 years of work experience. The old-age pension is determined in proportion to the length of service.
✏️ What this means is that don’t be embarrassed if you don’t have 7 years of work experience as outlined in Article 20. Retirement means that you will be assigned according to that 11 years of work experience. If a person who has worked for 20 years only receives a pension of 20 soums for 20 years of service, you will receive a pension of 11 soums depending on your 11 years of service. That's the difference.