The provisions of the Social Code define an exhaustive list of grounds for making benefit payments of pension savings from the UAPF, including in connection with the death of the beneficiary (for funeral and (or) heirs). Consequently, the amounts of pension savings are subject to accounting by the UAPF until the amount is claimed by the beneficiary or his/her heir(s).
At the same time, in accordance with the Civil Code of the Republic of Kazakhstan, if there are no heirs by will and by law, or if none of the heirs has the right to inherit, or they all refused the inheritance, the inheritance is recognized as escheated property and becomes communal property at the place where the inheritance was opened.
Thus, an inheritance can be recognized as escheatable property only by a court decision on the basis of an application from local executive bodies of cities of republican significance, the capital, districts, cities of regional significance at the place of opening of the inheritance after one year from the date of opening of the inheritance.
the Republic of Kazakhstan.