PRESS RELEASES

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).

The Unified Accumulative Pension Fund provided more than 24 million services to its contributors for seven months of 2021. This is 47% more than in the same period last 2020.

The amount of pension savings of the contributors of the Unified Accumulative Pension Fund as of August 1, 2021 amounted to KZT 12.8 trillion. This amount includes pension contributions and investment income.

As of August 1, 2021, Kazakhstanis have accumulated over KZT 12.8 trillion in the Unified Accumulative Pension Fund. For the year, from 01.08.2020 to 01.08.2021, the amount increased by more than KZT 759 billion or 6%.

To receive benefits from voluntary pension contributions held in the UAPF for at least 5 years, contributors can apply through the website enpf.kz

As of August 11, 2021, the UAPF executed 386,375 applications of contributors (beneficiaries) to use pension savings to improve housing conditions. The UAPF transferred KZT 1.7 trillion to special accounts of Kazakhstanis opened in banks-authorized operators. The average amount of one-time pension payments amounted to KZT 4.4 million.

In order to develop transfer and agency services in remote settlements of the country where there is no UAPF presence, as well as to ensure the availability of pension services, the Fund, together with Kazpost JSC, carried out work on additional connection to the UAPF services of 32 divisions of Kazpost JSC.

As part of the work carried out to build a rational organizational structure of regional divisions, taking into account the current level of automation of business processes, UAPF JSC reorganized the regional network.