PRESS RELEASES

The UAPF reminds that persons who have pension savings in the UAPF, formed through compulsory pension contributions and (or) compulsory occupational pension contributions, and who have reached the generally established retirement age, as well as persons with disabilities of the first and second groups, if the disability is established indefinitely, have the right to receive pension benefits from the UAPF according to the established schedule.

Dear contributors of UAPF JSC! Recently, there have been cases of fraudulent actions against the Fund's clients. At the same time, more and more new scenarios are being invented. Here is one of the latest examples.

From September 3 to 5, 2024, a delegation of the National Pension Service of the Republic of Korea (hereinafter referred to as NPS), headed by the executive director for pension operations of NPS Jeong TaeGyu, visited the office of UAPF JSC in order to exchange experience in the field of pension provision and discuss current issues, including models of the pension systems of the two countries, challenges and possible solutions, as well as prospects for mutual cooperation in expanding the coverage of the population by the pension system.

In the period from 01.01.2024 to 31.07.2024, the Unified Accumulative Pension Fund provided over 29.2 million services. Of the total, over 13.3 million services were provided electronically, 14.8 million automatically, and about 0.38 million remotely. Over 689 thousand services were provided in person, of which about 663 thousand were provided directly in the Fund's offices.

As of August 1, 2024, the pension assets of Kazakhstanis in pension accounts in the UAPF exceeded KZT20.26 trillion, demonstrating an increase over 7 months of almost KZT2.4 trillion (or 13.4%). Over the year, pension assets grew by KZT3.9 trillion (or 23.7%).

UAPF JSC (hereinafter - UAPF) presents a report on the management of pension assets by the National Bank of the Republic of Kazakhstan (hereinafter - NBRK) and investment portfolio managers (hereinafter – IPM) on the website enpf.kz in the section "Indicators - Investment activities".

For 7 months of 2024, the net investment income of Kazakhstanis exceeded KZT1.38 trillion, which is KZT619.3 billion or 81.4% more than the same period last year.

UAPF JSC (hereinafter referred to as UAPF, Fund) published the Annual Actuarial Report for 2023 (hereinafter referred to as the Report), which presents the main results of comprehensive actuarial calculations in the main areas of further improvement of the pension system of Kazakhstan.

According to the National Fund for Children program, 50% of the investment income of the National Fund of the Republic of Kazakhstan is distributed once a year among children who are citizens of the Republic of Kazakhstan, who were born in 2006 and later. In February 2024, based on the results of 2023, the first target requirements were accrued to all children in the UAPF, and citizens who reached 18 years of age in 2024 were credited with target savings (TS) on target savings accounts (TSA) and payments began to be made.

UAPF JSC continues to create new digital services for its contributors.

For 6 months of 2024, the net investment income of Kazakhstanis exceeded KZT1.2 trillion, which is 2.1 times more than the same period last year (or KZT638.4 billion), and became almost at the level of contributions made since the beginning of the year, the amount which amounted to KZT1.3 trillion.