They noted that the fund's budget is formed annually, and recalculations are made every six months based on the collected contributions.
Mukambetov stated: "When salaries increase, contributions also rise. Therefore, at the end of the half-year, recalculations are made based on data from the State Tax Service. In simple terms, we live within our means," he added.
Additionally, he emphasized that many citizens consider it unfair that some pensioners receive high pensions while others receive significantly lower amounts, despite all having the same status.According to Mukambetov, "Some people do not make contributions, believing that the state owes them something. However, they forget that their pensions are formed from the contributions of other citizens. How do you imagine that? Money does not come from thin air! These are funds that are calculated from the contributions of other citizens. It is obvious that those who earn millions contribute millions, while those who earn 5,000 pay only 5 soms. The difference becomes noticeable upon retirement. It is important to understand that the state is not obligated to provide you with anything. First and foremost, you must take care of your future pension provision. Therefore, young people should find out in advance whether social contributions are being paid at their future workplaces, rather than waiting until the last moment before retirement," he noted.
Mukambetov also clarified that the minimum wage and the subsistence minimum are not determined by the Social Fund.
He added that when a citizen retires, they do not receive all the contributions made at once: they are distributed over months, based on the average life expectancy in the country.
