According to the adopted Social Code of the Republic of Kazakhstan, from July 1, 2023, persons who have pension savings in the UAPF formed at the expense of:
1) compulsory pension contributions and (or) compulsory occupational pension contributions, will be able to transfer:
• within 50% of the amount of their pension savings on individual pension saving accounts (IPSA) to the investment portfolio manager (IPM) on the date of receipt of the application of this person to select (change) IPM;
• within the limits of the balance on IPSA in case of a concluded pension annuity agreement with an insurance company;
2) voluntary pension contributions (VPC), can transfer all their savings to IPM.
Before transferring part of them to IPM trust management, it is recommended to familiarize yourself with the current list of IPM on the market, study their investment declarations on the UAPF website, investment activity reviews, and learn more about the experience and results of the selected private company. You can get acquainted with information about them and study their investment declarations on the website www.enpf.kz in the "Services" section - "Register of Investment Portfolio Managers". Detailed statistics on the transfer of pension savings at the expense of CPC and (or) COPC to trust management is also
available on the website www.enpf.kz in the section "Indicators" - "Transfer of pension savings to management companies".
Also note that pension savings can be transferred from one IPM to another no more than once a year. If you decide to return the savings under the management of the National Bank of the Republic of Kazakhstan (NBRK), then this can be done from 01.07.2023. 1 year from the date of transfer of pension savings to IPM trust management.
At the same time, if pension savings were transferred several times to trust management of the same IPM in accordance with the application for the choice of IPM, then the return of pension savings to NBRK trust management is carried out no earlier than one year from the date of initial transfer of pension savings to trust management.