President Sadyr Zhaparov commented on the potential increase of pensions, noting that with sound management of state resources and economic growth over the last 30 years, the minimum pension level could reach 80 thousand somoms. This statement followed a suggestion from a resident of the Talas region to raise pensions to 15 thousand somoms while simultaneously reducing payouts to former prosecutors receiving higher pensions.

StoriesPresident Shaparov: Pension Could Reach 80 Thousand Somoms with Resource ManagementSlides: 8
  1. President Shaparov: Pension Could Reach 80 Thousand Somoms with Resource Management
  2. President Sadyr Zhaparov stated that with sound management of state resources and economic growth, the minimum pension could potentially reach 80 thousand somoms. He also addressed the current pension system and planned salary increases for judges.
  3. 900 тыс — пенсионеров
  4. 300 тыс — работающих граждан
  5. The President noted the current demographic challenge: roughly one working person supports three pensioners. He also provided historical context on pension increases.
  6. 8,800 сомов — текущая минимальная пенсия
  7. Zhaparov also addressed the judiciary, stating that salary hikes are intended to help reduce corruption risks within the country. There are about 450 judges in Kyrgyzstan.
  8. President Sadyr Zhaparov stated that with proper management of state resources and economic development, the minimum pension could potentially reach 80 thousand somoms. He also addressed the current pension system and the planned salary increases for judges.

Pension System Overview and Workforce Ratio

Zhaparov highlighted the current demographic challenge in the pension system. He stated that Kyrgyzstan currently has approximately 900 thousand pensioners, while the number of working individuals stands at only 300 thousand people. According to the President, this means that roughly one working person supports three pensioners.

He also provided context on the pension increases, mentioning that five years ago, the payout was around 700 somoms, and the current minimum pension is set at 8,800 somoms. The President assured the public that payouts are increased annually, urging patience for continued improvements.

Judiciary Salary Adjustments

Furthermore, the President addressed the issue of increasing salaries for judges. He explained that the salary hikes are intended to help reduce corruption risks within the country. Zhaparov noted that there are about 450 judges in Kyrgyzstan.