▲ Up
17:39 26-04-2017
MAIN АКИpress CA-News
Social insurance payments conducted by Kumtor for its expat employees in accordance with Kyrgyz legislation - Kumtor Gold Company
16:15, 25 February 2014, 761

AKIPRESS.COM - Kumtor logo Kumtor expat employees are required to make social security payments, Head of the Social Fund of Kyrgyzstan Mukhammedkaly Abulgaziyev said on February 20 at the plenary session of the Parliament.

He remarked that under existing law all foreigners are required to make payments to the Social Fund. “However, only Kyrgyz employees are required to make such payments according to the Kumtor agreement of 2009,” Mr. Abulgaziyev added.

He has raised several times the issue of Kumtor expat employees’ payments to the Social Fund.

Social insurance payments are conducted by Kumtor Gold Company for its expat employees entirely in accordance with requirements of the Kyrgyz legislation of State Social Insurance, the company commented the statements of the Social Fund's Head on February 25.

Based on the laws on state social insurance, on investment in Kyrgyzstan, on concessions and concession-based operations, as well as on the agreement on new terms from 2009, signed by the Kyrgyz Government and approved by the Parliament, Kumtor Gold Company is required to make social insurance payments only for Kyrgyz citizens or stateless persons, and has a right to pay social insurance and social security payment for expat employees to relevant funds of their foreign countries.

Full access to all news articles in English

1 month2000 somsubscribe
year20000 somsubscribe
These subscription fees are for private individuals only. Please contact us via phone +996 (312) 900-776 or email info@akipress.org for corporate subscription inquiries
17:34 Life in rural Kyrgyzstan: It's almost May and east Issyk-Kul is still snowy17:34 Turkmenistan president, Saudi Minister of Energy discuss implementation of oil and gas projects17:16 Government of Kyrgyzstan tasked to make proposals on reduction of traffic accidents within a week17:15 Parliament passes bill entitling Government to determine working conditions for duty free shops16:49 Bishkek mayor offers to decrease price of registration of cars to ease search of traffic accident guilties16:26 Turkmenistan buying new combine harvesters for grain harvest16:19 Parliament turns down bill proposing to ban smoking in cafes16:01 Brazil indigenous protest over land rights turns violent15:58 31st anniversary of Chernobyl nuclear disaster marked in Kyrgyzstan15:39 China to temporarily close border with Kyrgyzstan15:32 Atambayev holds question and answer session in Issyk-Kul15:27 Head of Russia's Agency of Sport Judges MMA calls to deal with scandalous fight of Kyrgyz athlete in Russia15:17 Government controls all media in Turkmenistan: Reporters Without Borders15:07 Kyrgyzstan ranks #89 out of 180 countries in 2017 World Press Freedom Index14:52 World Press Freedom Index 2017 finds democracies are clamping down14:49 Uzbek man killed in fall from moving train14:25 Switzerland allocates 43 million som to improve public services in 13 municipalities in Jalal-Abad and Issyk-Kul regions14:02 Average person's salary in Kyrgyzstan projected to rise to 18,300 som13:38 Parliament of Kyrgyzstan to consider proposals on amendments to law on tobacco use13:32 U.S. moves THAAD anti-missile to South Korean site, sparking protests
© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75