A series of interviews dedicated to the 25th anniversary of the Kazakhstan’s funded pension system
A quarter of a century has passed since the implementation of the pension reform, which marked the gradual transition from state pension provision to a multi-component pension system.
On September 28, 2023, an international high-level round table "Prospects for the development of mandatory funded and mixed pension systems" will be held, organized by the Unified Accumulative Pension Fund in cooperation with the International Social Security Association (ISSA) as part of the calendar of events for the 25th anniversary of the funded pension system of the Republic of Kazakhstan.
Unified Accumulative Pension Fund JSC (UAPF) published the Annual Actuarial Report for 2022, which presents the main results of the complex actuarial calculations of the UAPF carried out during 2022 in the main areas for improving the pension system of Kazakhstan, provided for by the Concept for further modernization of the pension system of the Republic of Kazakhstan until 2030. The Concept is aimed at maintaining a multi-level model of pension provision with diversified sources of income for pensioners, ensuring the long-term sustainability of its distribution component, as well as maintaining and strengthening the mandatory funded component.