Tashkent, Uzbekistan (UzDaily.com) - How will pension funds be delivered during quarantine if the pensioner is not at the place of residence or stays at the place of temporary registration?

The district (city) branches of the Pension Fund, according to a special program, send statements for the payment of pensions to the corresponding branches of the Khalq Bank (People’s Bank) at the address of the place of residence of pensioners.

Based on these statements, pension funds are sent to branches and paid in cash to recipients after providing their identity documents and signing the statement.

During the quarantine period, pension payments are delivered to the Khalq Bank at the place of residence of the pensioners.

If the citizen is not at the place of residence during the distribution of the pension and temporarily resides in another territory, then the funds will be returned to the Pension Fund, and the remaining funds will be credited and paid next month.

If a citizen is temporarily registered at the place of stay, he can contact the Pension Fund branch in this area with a request to include it in the payroll at the place of his temporary residence (clearly indicating the address) and finance pension payments at the place of temporary residence.

In this regard, it is recommended that pensioners receiving pensions in cash open Khalq Bank’s personal pension overdraft cards and subsequently transfer pension funds to bank cards. This will provide pensioners with a number of amenities:

- firstly, pension funds are credited to the pension overdraft card in the first days of the month, regardless of where the pensioner is located;

- secondly, if the money runs out before the next pension payment, the pensioner can receive an interest-free overdraft loan in the amount of up to 50 percent of the monthly pension;

- thirdly, in addition to charging 8% per annum on funds on the card, they can be cashed without interest through ATMs of Khalq Bank.