One of the most important financial institutions of Kazakhstan JSC "Unified Accumulative Pension Fund" summed up the results of 2019.
According to the data for the first of January 2020, positive growth dynamics is observed for all major indicators. Thus, the total number of individual pension accounts for all types of contributions of UAPF JSC exceeded 10 million, or rather, 10,672,567 units. Net growth in the number of accounts was 3%. Most of the IPS are mandatory pension contributions – 9.9 million, followed by mandatory occupational pension contributions – 0.5 million. An increase is also observed in voluntary pension contributions, at the end of 2019 there are 54,365 accounts in the UAPF, which is 14% higher than in 2018.
The dynamics of growth can also be traced by the amounts of savings. The main amount was formed by mandatory pension contributions (OPV) and amounted to 10.6 trillion tenge, having increased by 15% since the beginning of the year. The amount of pension savings on mandatory professional pension contributions (OPP) amounted to 246.1 billion tenge (an increase of 25%), the amount of pension savings on voluntary pension contributions (DPV) amounted to 1.9 billion tenge (an increase of 4%).
Net investment income accrued on the IPS of UAPF depositors since the beginning of the year amounted to 641.8 billion tenge. The profitability of pension savings since the beginning of the year was 6.57% with inflation of 5.4%. Thus, the real return on pension assets is positive.