PRESS RELEASES

Pension assets of Kazakhstanis as of November 1, 2024 amounted to KZT21.6 trillion. Growth over 10 months of the current year exceeded KZT3.7 trillion (amounted to 20.8%). Over the year, pension assets increased by about KZT4.4 trillion (or by 25.3%).

By what criteria did Kazakhstan surpass other countries? 

The Mercer Institute, together with the CFA, published the annual Mercer CFA Institute Global Pension Index (MCGPI), according to which the pension system of Kazakhstan took the 24^th position. The international ranking of 2024, which represents a comprehensive study of pension systems, included 48 countries of the world.

On November 7-8 of this year, the Unified Accumulative Pension Fund (UAPF), as part of active information and explanatory work among the population aimed at increasing financial literacy, as well as awareness of the pension system and changes in pension legislation, the formation of personal pension savings and the results of activities on managing pension assets, held another free online course of the school of financial journalism, which was attended by more than 100 journalists, bloggers and students from different regions of Kazakhstan.

The UAPF continues to receive applications for the use of target savings under the National Fund for Children program.

Let us recall that, according to the program, 50% of the investment income of the National Fund of the Republic of Kazakhstan (hereinafter referred to as the National Fund) is annually distributed among children who are citizens of the Republic of Kazakhstan of all ages until they reach adulthood.

In the period from 01.01.2024 to 30.09.2024, the Unified Accumulative Pension Fund provided over 33.9 million services to the population. Of the total number, more than 16.6 million were carried out electronically, and about 15.9 million automatically. Thus, more than 96% of transactions were carried out remotely. More than 871 thousand services were provided in person, including about 840 thousand directly in the Fund's offices.

As of October 1, 2024, pension assets of Kazakhstanis in pension accounts in the UAPF amounted to about KZT21.2 trillion, demonstrating growth over 9 months of almost more than KZT3.3 trillion (or 18.5%). Over the year, pension assets grew by KZT4 trillion (or 23%).

For the first 9 months of 2024, the net investment income of Kazakhstanis amounted to KZT2.09 trillion, which is KZT716.3 billion or 52.3% more than the same period last year.

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

Every year, the Unified Accumulative Pension Fund gathers media representatives, bloggers, and students of journalism faculties to share the secrets of creating timely and relevant materials that will be of interest to all target audiences.

In the period from 01.01.2024 to 31.08.2024, the Unified Accumulative Pension Fund provided over 31.6 million services to the population. Of the total, over 15 million were provided electronically, about 15.4 million automatically, and 0.4 million remotely. More than 783 thousand services were provided in person, including about 755 thousand directly in the Fund's offices.

Net investment income of Kazakhstanis for the first 8 months of 2024 amounted to approximately 1.92 trillion tenge, which is an increase of 883.05 billion tenge or 85.3% compared to the same period last year.