PRESS RELEASES

The amount of pension savings of contributors to the Unified Accumulative Pension Fund as of November 1, 2022 amounted to KZT14.1 trillion. Investment income accrued since the beginning of the year, 672.6 billion tenge, the return on pension assets over the past 12 months on pension assets, provided by the National Bank of the Republic of Kazakhstan (from November 2021 to October 2022), amounted to 5.97%.

As of November 1, 2022, pension savings in the amount of KZT14.15 trillion were formed on the accounts of depositors of the Unified Accumulative Pension Fund. Since the beginning of the year, pension savings have grown by more than KZT1 trillion (or 8.2%).

As of November 1, 2022, from January 2021, the UAPF has executed 1,336,516 applications from contributors (beneficiaries) for the use of pension savings to improve housing conditions. About KZT3.2 trln was transferred to the special accounts of Kazakhstanis opened in banks-authorized operators. The average amount of lump-sum pension payments amounted to about KZT2.4 mln. It should be noted that the rate of withdrawal of pension savings is declining. For example, in October 2022, 2,993 applications were executed in the amount of KZT7.5 bln. For comparison, in October 2021, 35,434 applications were executed in the amount of KZT87.8 bln.

On the website enpf.kz in the section “Indicators – Investment activity”, detailed information on the investment of pension assets by the National Bank of the Republic of Kazakhstan (NB RK) and investment portfolio managers (IPM), as well as reviews of investment activity, is monthly posted.

As already reported, the amount of pension savings of contributors to the Unified Accumulative Pension Fund as of October 1, 2022 exceeded KZT14.1 trillion. The share of accumulated net investment income in pension savings, taking into account benefits paid, in this amount is 36.7%.

The Unified Accumulative Pension Fund provided 24.1 million services to its contributors in just 9 months of this year (between 01.01.2022 and 01.10.2022). Of these, 16.5 million were provided in electronic format, 5.8 million in automatic format, and 1.2 million in face-to-face format, that is, almost 93% of the total volume of services were provided remotely: on the website or in the UAPF mobile app, as well as in a no-application mode.

As of October 1, 2022, since January 2021, the UAPF has executed 1,333,421 applications from contributors (beneficiaries) to use pension savings to improve housing conditions. More than KZT3.1 trillion was transferred to the special accounts of Kazakhstanis opened in banks-authorized operators. The average amount of lump-sum pension benefits amounted to about KZT2.4 million.

The UAPF together with the State Corporation "Government for Citizens" annually carries out an annual reconciliation of persons who have reached retirement age and have pension savings in the UAPF.

The Unified Accumulative Pension Fund continues to conduct active explanatory work among the population, informing contributors on a whole range of issues related to the pension system.