uzbekistanews.com

What's the best way to receive your pension: in cash or through a bank card?

Certain recipients are eligible for a benefit.
Какой способ получения пенсии предпочтительнее: наличные или перевод на банковскую карту?

The Pension Fund informed citizens about the benefits available to those who receive their pension not in cash, but via a bank card.

According to the fund, commercial banks distribute pensions in cash from the 4th to the 27th of each month. Citizens can collect their money at the local community gathering places. Those with plastic cards also receive their pensions on the 4th of each month.

Additionally, bank cardholders enjoy a benefit in the form of an extra payment. For instance, an individual receiving 2 million sums per month on their card can obtain an additional 1% of the total amount, which amounts to 20,000 sums.

This initiative is aimed at ensuring that people withdrawing cash through ATMs do not lose their savings due to transfer fees. If a citizen does not plan to cash out their pension, they can utilize this 1% for their needs, according to the announcement.