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What is social insurance?

Social insurance is a form of insurance aimed at compensating for lost salaries, income or additional expenses of individuals, as well as preventing their loss in cases provided by the Law on Social Insurance.

The relevant executive authority that carries out individual registration in the state social insurance system will open an individual account with a permanent (unchanging) social insurance number for each insured person during the registration period.

The following information must be included in the personal account:

social insurance number;
name, patronymic, surname (surname of the insured at the time of birth must also be indicated);
year, month, day of birth;
Place of birth;
gender;
the address of the place of permanent registration, and the place of residence of refugees and IDPs;
series, number, date of issue and name of the issuing authority of the identity document;
citizenship;
telephone number;
social insurance length of service for the purpose of determining a labor pension, including a grace period of length of service;
Salary and other income for which compulsory state social insurance premiums are calculated and paid (for each month of insurance experience);
amount of compulsory state social insurance premium calculated and paid by the insurer to the personal account (for each month of insurance experience);
periods of unemployment insurance payment;
the period of non-payment of compulsory state social insurance, but included in the length of service of social insurance in accordance with the relevant legislation;
information on determination (recalculation) and indexation of labor pension.
information on the labor pension capital accrued conditionally in accordance with the insured's right to labor pension earned as of January 1, 2006;
information on the insurance part of the personal account and its indexation;
information on the savings part of the personal account;
information on closing the personal account of the insured.
The information in the personal account of the Insured must be regularly updated during his employment.

The personal account of the insured is protected by the relevant executive authority, which carries out individual registration in the state social insurance system, for the whole life of the insured, and after his death for the period specified in the procedure for maintenance of labor pension cases.

In case of death of the insured, the relevant executive authority shall send the information contained in Articles 5.2.2 - 5.2.7 of this Law to the relevant executive authority that carries out individual registration in the state social insurance system within one month from the date of death.

The information in the personal account of the insured is stored in a centralized manner by the relevant executive authority carrying out individual registration in the state social insurance system and a reserve database is created.

A social insurance event is a case in which the insured has the right to receive an insurance payment from an insurance company.

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