European Journal of Economics, Finance and Business Development

DEVELOPMENT OF THE PENSION SYSTEM IN UZBEKASTAN

Aliyev Marʼuf

Karshi Engineering-Economics Institute Assistant of the Department of Finance

Salimov Elyor

Karshi Engineering-Economics institute Student of the Economics Faculty

Usmanov Dilshad

Karshi Engineering-Economics Institute Student of the Economics Faculty

Keywords: pension, social payments, benefits, pension system, Off-Budget Pension fund,

---

Abstract

The article analyzes the pension reform and the results of its development, which began in the years of independence, and draws conclusions based on the analysis. Social payments, allowances and pensions received by citizens from the state budget and non-budgetary funds are of great importance among citizens. Pensions are paid in full to working pensioners. In this article, we list these and other major changes that have taken place in the pension system in recent years.