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Tajikistan has been proposed to change the retirement age
The Asian Development Bank (ADB) has suggested that Tajikistan consider raising the retirement age in the future. This proposal is included in a new report from the bank, published in October of this year. According to the report, in the long term, Tajikistan could raise the retirement age for women to 63 years, or gradually […]
The Asian Development Bank (ADB) has suggested that Tajikistan consider raising the retirement age in the future.
This proposal is included in a new report from the bank, published in October of this year.
According to the report, in the long term, Tajikistan could raise the retirement age for women to 63 years, or gradually increase the retirement age for both women and men to 65 years. Currently, the retirement age for women is 58 years, and for men, it is 63 years.
According to ADB experts, a possible change in the retirement age could contribute to the financial sustainability of the pension system. The report notes that currently, about one-third of the working-age population pays social taxes.
The ADB emphasizes that this is merely a suggestion and that the authorities in Tajikistan have not yet made a decision on this matter. According to the bank, before implementing such reforms, it is necessary to thoroughly study their potential social, financial, and economic consequences.
Tajikistan ranks last among Central Asian countries in terms of pension levels. The average pension in the country is 510 somoni, or just over 50 dollars.