Kyrgyzstan to raise pension but cancel electricity compensation from Oct 2024

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- Pension in Kyrgyzstan will be increased, but electricity compensation will be abolished from October 2024, representative of the Social Fund Jenishbek Mukambetov said. The basic pension will be raised to 6,900 som, he said. The size of pension corresponding to the minimum living wage for 2023 is 6,900 som and now pension will not be lower than this level, according to the National Statistics Committee.

By this decree of the President, the compensation payments for electricity will be lifted from October 1. The compensation payments for electricity were set according to the size of pensions. Initially, the compensation made 1,500-2,000 som.



In 2009, the compensation was established for those, who had a pension of more than 4,000 som. "All these compensations are cancelled from October 1,2024," Mukambetov said..