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Investment income since the beginning of the year has exceeded the amount of contributions received
As of December 1, 2021, pension savings in the amount of KZT 13.4 trillion were formed on the accounts of the contributors of the Unified Accumulative Pension Fund. Over the year, from 01.12.2020 to 01.12.2021, the amount increased by KZT 648.8 billion or 5%, and from January 2021 by KZT 455 billion or 4%.
As you know, our country ranks ninth in terms of area in the world, and it is not possible to cover the entire republic with its UAPF service offices. The Internet also does not yet cover the entire territory. To solve the problem of providing access to the Fund's services for residents of remote regions and settlements of Kazakhstan, a project called Mobile Office was launched three years ago. This is a modern minibus, which is equipped with everything necessary to service contributors (beneficiaries), including modern satellite communications.
It is very important to take an interest in the state of pension savings on a regular basis. In this regard, UAPF JSC is constantly working to inform contributors (beneficiaries) about the state of pension savings in individual pension saving accounts (IPSA).
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.