One of the main purposes of the «Halq Banki» is timely provision of pensions for senior citizens of Uzbekistan. According to the Law of the Republic of Uzbekistan "About citizen's cumulative pension provision" in addition to the existing State pension provision benefit citizens established a cumulative pension accounting system. «Halq Banki» did much to create a single, secure electronic database, connecting all the affiliates, which allows the exchange of information.