The Fund will be under the jurisdiction of the Finance Ministry of Uzbekistan and accountable to the First Deputy Prime Minister and Finance Minister of Uzbekistan, chairman of the Supervisory Board of the Fund.

The fund will include departments in Karakalpakstan, regions and Tashkent city, district and city branches, National Medical-Social Expertise Inspection and its local branches.

The main tasks and functions of the Fund is to organize state pension provision of citizens, setting pensions, social allowance, compensation and other payments, re-calculation of pension size, financing of pension payments, etc.