According to the social code of the Republic of Kazakhstan, UAPF JSC (UAPF, Fund) is obliged to annually post the minimum sufficiency threshold of pension savings calculated for the coming year in the mass media, as well as on its internet resource no later than five working days after the official publication of the law of the Republic of Kazakhstan "on the Republican budget" for the next financial year.
In accordance with this requirement, the UAPF announces the state of emergency for 2025 and informs that the state of emergency dimensions remain unchanged at the level of 2024. Recall that in 2024, the amount of emergency situations was not increased.
Esh is the minimum amount of pension savings (formed at the expense of mandatory pension contributions) necessary to ensure a monthly pension in the amount not lower than the minimum pension size. This is the estimated amount of pension savings, which is determined based on socio-economic indicators, as well as forecast calculations of future pension contributions (from the size of the minimum wage) and investment profitabilityEsh is the minimum amount of pension savings (formed at the expense of mandatory pension contributions) necessary to ensure a monthly pension in the amount not lower than the minimum pension size. This is the estimated amount of pension savings, which is determined based on socio-economic indicators, as well as forecast calculations of future pension contributions (from the size of the minimum wage) and investment profitability. In other words, the minimum sufficiency threshold is the minimum indicator that must remain in the account in order for the depositor to receive pension payments (including the minimum basic pension payment) that are not less than the minimum pension amount upon reaching retirement age.
The calculation of emergency situations is carried out in accordIn other words, the minimum sufficiency threshold is the minimum indicator that must remain in the account in order for the depositor to receive pension payments (including the minimum basic pension payment) that are not less than the minimum pension amount upon reaching retirement age.
The calculation of emergency situations is carried out in accordance with the methodology for determining the minimum sufficiency threshold of pension savings 1 (hereinafter referred to as the methodology) (approved by the resolution of the government of the Republic of Kazakhstan dated 30.06.2023 No. 521 (hereinafter referred to as Resolution No. 521).
According to the methodology, the following socio-economic indicators for 2025 were used in the calculation of emergency situations for 2025:
1) minimum wage - 85 000 tenge;
2) the minimum amount of the state basic pension payment is 32,360 tenge;
3) minimum pension amount - 62,771 tenge;
4) the amount of the subsistence minimum for calculating the amount of basic social benefits - 46,228 tenge.
Despite the increase in certain socio-economic indicators, the preservation of the size of emergency situations at the same level (unchanged compared to Despite the increase in certain socio-economic indicators, the preservation of the size of emergency situations at the same level (unchanged compared to 2024) is probably partly due to the fact that such important criteria as the size of the minimum wage and the projected annual interest rate of return on pension savings remain unchanged.
Video commentary on the topic on the Uapf/ENPF YouTube channel.
The UAPF was established on August 22, 2013 on the basis of JSC NPF "GNPF". The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan through the state institution "state property and privatization committee" of the Ministry of Finance of the Republic of Kazakhstan. Trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF takes into account and keeps records of mandatory pension contributions, mandatory pension contributions of the employer, mandatory professional pension contIn accordance with the pension legislation, the UAPF takes into account and keeps records of mandatory pension contributions, mandatory pension contributions of the employer, mandatory professional pension contributions, voluntary pension contributions, as well as voluntary pension contributions formed at the expense of the unclaimed amount of the guaranteed compensation for the guaranteed deposit transferred by the organization carrying out mandatory deposit guarantee in accordance with the law of the Republic of Kazakhstan "on mandatory deposit guarantee placed in second-tier banks of the Republic of Kazakh