EAEU migrants to receive pensions
A Pension Agreement for Working Population of the Eurasian Economic Union member states entered into force. The document’s terms will apply in five states: Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan. A person should have officially worked in one of the EAEU countries for at least a year to receive a pension. Earlier, when calculating pension payments, the period of work of Kazakh citizens in other EAEU states was not taken into account. The experience on the territory of the EAEU officially began to be recorded from January 12 of this year. If a person does not have enough work experience to go on a well-deserved rest, then in this case all periods of his official work in the EAEU countries will be summed up. At the same time, the basic part of the pension is paid by the state where he actually lives. In Kazakhstan, pension payments will be made from the Unified Accumulative Pension Fund, since labor migrants will begin to pay 10 percent deductions to the UAPF along with all Kazakh citizens.