PRESS RELEASES

The amount of pension savings of the contributors of the Unified Accumulative Pension Fund as of October 1, 2021 exceeded 13.1 trillion tenge. As you know, this amount includes pension contributions and investment income.

The Unified Accumulative Pension Fund only for the first nine months of this year (in the period from 01.01.2021 to 01.10.2021) provided 30.3 million services to its contributors. This is 45.8% more than in the same period last 2020.

On October 12, 2021, the President of the Republic of Kazakhstan signed the Law of the Republic of Kazakhstan On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Social Protection of Certain Categories of Citizens (hereinafter - the Law), within the framework of which appropriate changes were made, including to the Law of the Republic Kazakhstan On Pension Provision in the Republic of Kazakhstan.

UAPF makes life much easier for its contributors and beneficiaries. It is possible to receive pension services today even without presenting an identity card. To do this, it is enough to have its digital (electronic) version on a smartphone in the eGovMobile application.

The Unified Accumulative Pension Fund only for eight months of this year (in the period from 01.01.2021 to 01.09.2021) provided its contributors 27.2 million services. This is 50.8% more than in the same period last 2020.

As of September 23, 2021, the UAPF executed 438,834 applications of contributors (beneficiaries) to use pension savings to improve housing conditions. More than KZT 1.8 trillion was transferred to the special accounts of Kazakhstanis opened in banks-authorized operators. The average amount of lump sum pension benefits amounted to KZT4.2 million.

The amount of pension savings of the contributors of the Unified Accumulative Pension Fund as of September 1, 2021 exceeded KZT 12.9 trillion. As you know, this amount includes pension contributions and investment income.

From January 2021, legislation came into force that provides citizens with the right to use part of their pension savings not only to improve housing conditions and (or) pay for medical treatment, but also to transfer investment management companies to investment portfolio managers (IPM).