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Recently, fake information about the payment of compensation to Kazakhstanis from the National Fund has been spreading on social networks and instant messengers. According to this information, any resident of Kazakhstan can receive compensation. UAPF JSC warns that this is not true and clicking on the attached link leads to a fake website of the National Fund, where scammers, through deception, learn from gullible citizens THEIR personal information, tax deductions, work experience, purchasing power, IIN and, using this data, may steal funds from bank accounts.
Shares of Air Astana JSC show a price increase of about 13% compared to the purchase price.
UAPF JSC informs that, according to the instructions of the Head of State, in order to increase the social security of citizens of the Republic of Kazakhstan, foreigners and stateless persons permanently residing in the territory of the Republic of Kazakhstan, upon reaching the age of 55 and paying for them compulsory occupational pension contributions (hereinafter referred to as COPC) for a total of at least 84 months from January 1, 2024, the following payments were introduced:
From January 1, 2024, the savings system of Kazakhstan has been supplemented with a new component – employer’s compulsory pension contributions (ECPC).
695.5 million US dollars were accrued to 6,919,131 children (children born from January 01,2006 to December 31, 2023 inclusive). Of this, more than $30.6 million was credited to the target savings accounts of 304,815 program participants who turn 18 in 2024 (children born from January 1, 2006 to December 31, 2006 inclusive).
The website enpf.kz presents a report on the management of pension assets by the National Bank of the Republic of Kazakhstan (NBRK) and investment portfolio managers (IPM) in the section “Indicators - Investment activities”. The total volume of pension assets as of January 1, 2024 amounted to about KZT17,832.9 billion. At the same time, the pension assets of the UAPF, which are in trust management of the National Bank of the Republic of Kazakhstan, amounted to more than KZT17,806 billion. Pension assets managed by IPM amounted to KZT26.9 billion.
In 2023, the accounts of UAPF contributors received net investment income of about KZT1.6 trillion, which exceeds the last year figure by KZT685.4 billion or 77.7%.
The Unified Accumulative Pension Fund for 12 months of 2023 (from January 01, 2023 to December 31, 2023) provided its contributors with 24.8 million services, of which 17.4 million in electronic format, 5.5 million in automatic format. 1.2 million transactions were carried out in person, including more than 1 million directly in the Fund’s offices.
UAPF JSC recalls that from January 1, 2024, several key innovations in the legislation of the Republic of Kazakhstan came into force: