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Press release to the draft resolution of the Government of the RK “On introduction for consideration of the President of the RK of the proposal to sign the Agreement on pension provision of workers of the member states of the Eurasian economic union”

The draft resolution was developed in accordance with article 5 of the Law of the Republic of Kazakhstan of 30 May 2005 “On international treaties of the Republic of Kazakhstan”.

The need to develop a separate international treaty regulating the pension provision of workers of the member states and members of their families is stipulated by the Treaty on the Eurasian economic union dated May 29, 2014 (part 3 of article 98).

The purpose of the project is to sign an Agreement on pension provision for workers of the member states of the Eurasian economic union (hereinafter-the Agreement), providing for equal rights in the field of pension provision, protection of pension rights acquired by workers in the territory of the member states of the Eurasian economic union (hereinafter – the EAEU), as well as the development of cooperation in the field of pension provision between the member states of the EAEU.

Signing of the Agreement between the member states of the EAEU involves the following main tasks:

- formation of pension rights of workers of the member states on the same conditions and in the same order as citizens of the state of employment;

- accounting for pension rights acquired by citizens in the territories of the member states of the EAEU in determining the right to pension provision, appointment of pensions; 

- development of cooperation between the member states of the EAEU.

Agreement provides that migrant workers in the Republic of Kazakhstan will receive pension payments only from the accumulative pension system in the order and under the conditions established by the national pension legislation of the Republic of Kazakhstan.       

Entry into force of the Agreement on pension provision will provide citizens of the member states with the realization and protection of pension rights acquired by them in the course of their employment in the territories of the member states.

Changed on 12 June, 2019 - 18:11
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