President of Turkmenistan Serdar Berdimuhamedov signed a law amending the Code of Administrative Offenses, as reported by the newspaper Neutral Turkmenistan on Monday.
The new law, adopted on November 30, 2024, establishes fines for violations related to the timely submission or incorrect provision of documents for establishing citizens' rights to pensions and additional benefits.
Under the amendments, employers and archival institutions that fail to submit documents to the Pension Fund of Turkmenistan within the established timeframe will face fines ranging from three to five basic units. A repeat violation within a year of the initial fine will increase the penalty to ten basic units.
Additionally, for incorrect provision of documents to establish rights to pensions and additional benefits, fines for officials will range from five to ten basic units. If the violation occurs again within a year, the fine will increase to 15 basic units.
