Cutting edge-science2022 Shawnee, usa


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USA november december 2022

 
 


ISBN 978-1-64945-234-4
DOI
https://doi.org/10.5281/zenodo.7509018
11 
CUTTING EDGE-SCIENCE 
2022 Shawnee, USA October 
Ways of improving the electronic base of compulsory citizens' social insurance 
contributions 
Rakhmonov Nuriddin
deputy dean of Management
personnel training faculty 
Banking and Finance Academy of 
Republic of Uzbekistan 
An important role of the strong social policy developed and implemented by 
the President of our country is the policy ensures the continuous improvement of the 
pension provision of citizens. In this regard, the legislative acts, decrees and 
decisions adopted in recent years are of great importance in improving the well-
being of the population by supporting the elderly citizens and those in need of social 
protection. At this point, it should be noted that pension funds are an important 
means of ensuring social stability in society. Social stability is one of the main 
internal factors that ensure stable functioning of society and state social institutions 
and development in all areas. 
The development and strengthening of pension funds is inextricably linked 
with socio-demographic factors - population growth rate, birth and death rates, the 
level of development of the education and healthcare sectors, as well as the 
economy. 
The study of the pension system of our republic showed that the main issue 
facing the pension system at the present time is to maximize the stratified coverage 
of the population (48.4%) engaged in labor activity, which is currently at a very low 
level. In the private sector (about 4 million people) and the population of the self-
employed category, the income from mandatory and voluntary pension contributions 
is even less (41.7%), and the level of income concealment by paying wages without 
official registration is also high. 
With the development of private entrepreneurship, coverage of the population 
earning income through self-employment and the informal sector of the economy is 
gaining importance. Along with the development of small business and the gradual 
acceleration of economic reforms in the country, if effective economic measures are 


ISBN 978-1-64945-234-4
DOI
https://doi.org/10.5281/zenodo.7509018
12 

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