The decision to develop the document was made during President Sadyr Japarov’s official visit to Austria on November 24-25, 2024. Deputy Chairperson of the Social Fund Gulnura Dzhumataeva recalled.

The agreement aims to ensure equal rights for citizens of the two states in the areas of social insurance and pension provision. Each side will assign pensions in accordance with its national legislation and based on the applicant’s insurance record. Pensions will be assigned under the conditions and procedures established by the legislation of the country granting the pension. If the insurance period accumulated in one country is insufficient, it may be combined with periods accumulated in the other country.

Pensions will be paid directly to citizens of both states regardless of their place of residence.

In Austria, the retirement age is currently 65 for men and 60 for women. At the same time, a gradual increase in the retirement age for women to 65 by 2030 is planned. The minimum insurance period is 15 years, while the total social insurance contribution rate stands at 37.45 percent.

According to the Foreign Ministry, about 2,000 citizens of Kyrgyzstan currently reside in Austria.