> ## Content Index > Fetch the complete content index at: https://economist.kg/llms.txt > Use this file to discover other available public pages before exploring further. # Social Fund proposes new rules for pension savings payouts in Kyrgyzstan - URL: https://economist.kg/en/social-fund-proposes-new-rules-for-pension-savings-payouts/ - Published: 2026-11-12T10:45:03.000Z - Updated: 2026-11-12T10:45:03.000Z - Description: Kyrgyzstan plans to expand the use of pension savings and simplify payouts. Citizens reaching retirement age without the required insurance record will be able to claim a lump sum, and funds can be used for housing in buildings under construction. - Author: Светлана Бегунова - Tags: Деньги, Общество, #en **In Kyrgyzstan, plans are underway to expand the possibilities for using pension savings and simplify the procedure for receiving them. It is proposed to allow funds from the State Accumulative Pension Fund (SAPF) to be directed toward purchasing housing in buildings under construction. Citizens who reach retirement age but lack the necessary insurance record to be assigned a pension will be able to withdraw their savings in a lump sum.** The Social Fund of the Kyrgyz Republic submitted the corresponding [draft](https://koomtalkuu.gov.kg/ru/view-npa/6820?ref=economist.kg) Cabinet of Ministers resolution for public discussion on November 11\. The amendments concern the rules for paying out pension savings, approved by resolution No. 578 of September 11, 2025. #### **Pension savings to be allowed for purchasing housing under construction** One of the main changes concerns shared-construction participants and apartment buyers paying in installments. Currently, the effective [rules](https://sf.gov.kg/ru/v-kakih-sluchayah-mozhno-poluchit-pensionnye-nakopleniya/?ref=economist.kg) allow pension savings to be directed toward paying off installments with developers in already completed facilities. > The Social Fund proposes removing this restriction. Citizens and their spouses will be able to use their savings to pay for housing under shared-participation and installment agreements **both in buildings under construction and in finished homes**. The minimum payout amount will remain the same at **500 calculation indices, or 50,000 som**. At the same time, it must not exceed the remaining payments under the agreement with the developer. > The Social Fund also intends to reduce the list of documents required to use savings for mortgage lending through banks, the mayoralties of Bishkek and Osh, and the State Mortgage Company (SMC). Specifically, the requirement to state information about the partial or full fulfillment of obligations under the mortgage agreement in the creditor's letter will be excluded from the rules. According to the Social Fund's explanation, the amount of the already repaid loan should not affect a citizen's right to use pension savings. To confirm the grounds for the payout, documents on mortgage approval, the presence of an active loan, or participation in a rent-to-own housing program will suffice. > Separate fields for the personal identification number (PIN) and the pension savings amount of the spouse will also be added to the confirmation letter forms. #### **Citizens without required record to be able to receive savings** Another amendment concerns people who have reached retirement age but have not accumulated sufficient insurance record and contributions for the assignment of the basic and insurance parts of the pension. Currently, this category of citizens is not separately provided for in the list of pension savings recipients. At the same time, money formed over years of work may be held in their personal insurance accounts. > The Social Fund proposes granting such citizens the right to **receive the entire amount of pension savings accounted for on their personal insurance account in the SAPF in a lump sum**. To process the payout, an application in the established form must be submitted to the regional office of the Social Fund. A period of **15 calendar days** from the day of their receipt or the provision of missing information is allocated for reviewing the documents. #### **Return of pension contributions to be simplified for foreign workers** Separate changes will affect foreign citizens and stateless persons who legally worked in Kyrgyzstan and transferred insurance contributions. Currently, to receive savings when moving abroad, it is necessary to present an address certificate of deregistration from the place of residence with a mark on moving for permanent residency. > However, foreign workers are automatically deregistered after the termination of labor relations. They cannot obtain the required certificate because the legislation does not provide for its issuance to this category of citizens. The Social Fund proposes replacing the previous procedure for confirming departure. Two options for applying are provided for foreign workers who have completed their labor activities in Kyrgyzstan: - **Before leaving Kyrgyzstan.** A foreigner will be able to submit an application to the regional office of the Social Fund, attaching a registration coupon and a copy of the dismissal order, an excerpt from it, or an agreement on the termination of the employment contract. - **After leaving Kyrgyzstan.** The application and necessary documents will be allowed to be sent by mail. In this case, the applicant's personal signature must be certified in the established manner. The draft also excludes a provision that allowed the Social Fund to suspend payouts for an indefinite period if there were doubts about the fact of the applicant's departure. Currently, for additional verification, the agency has the right to send inquiries to the migration authorities of other states or the consular service of the Ministry of Foreign Affairs of the Kyrgyz Republic. #### **International agreements to be taken into account when moving abroad** The amendments clarify the procedure for paying out pension savings to citizens moving to another country for permanent residency. The conditions will depend on when the savings were formed and on the effect of international agreements of Kyrgyzstan in the field of pension provision and social insurance. - **Savings formed before the entry into force of the corresponding international agreement** will be allowed to be received in a lump sum when moving abroad. - **Funds accumulated after the agreement enters into force** will be paid out when an insured event occurs, for example, upon reaching retirement age or establishing a disability. In such situations, the legislation of Kyrgyzstan and the provisions of the relevant international treaty will apply. #### **Amount of pension savings already paid out to Kyrgyzstanis** Earlier, **Economist.kg** [reported](https://economist.kg/society/2026/10/22/pensionnye-nakopleniya-7-4-mlrd/) that by October 1, 2026, the Social Fund had paid out **7.3868 billion som** in pension savings to **248,125 citizens**. Of these, about 11,000 people directed more than 2 billion som toward paying off mortgage loans. Another 616 participants in shared residential construction received 188.6 million som. > In April 2026, the Cabinet of Ministers already [expanded](https://economist.kg/dengi/2026/04/16/v-kyrgyzstane-rasshirili-vozmozhnosti-ispolzovaniia-pensionnykh-nakoplenii/) the possibilities for using SAPF funds. At that time, citizens were allowed to repeatedly direct savings toward paying off mortgages and treating severe illnesses. The right to use savings to purchase housing was also extended to the spouses of shared-construction participants. The Social Fund proposes implementing the new amendments without additional expenses from the republican budget. If the Cabinet of Ministers approves the document, the changes will enter into force **10 days after official publication**.