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Almaty, Kazakhstan – Total pension savings as of November 1, 2016 were KZT 6.57 tln. Since the beginning of 2016, pension savings increased by KZT 737.4 bn.
Total pension contributions received in the 10 months of 2016 were nearly KZT 566 bn. Thus since January 1, 2016 a return of 50 per cent of compulsory pension contributions funded through the budget until 1 January 2016 in favor of military servants and law enforcement officials are being performed. Total amount of the returns in the ten months of 2016 amounted to about KZT 146 bn.
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