Key indicators of the UAPF as of November 1
As of November 1, 2021, pension savings in the amount of more than 13.2 trillion tenge were formed on the accounts of depositors of the Unified Accumulative Pension Fund. For the year, from 01.11.2020 to 01.11.2021, the amount increased by 613.5 billion tenge or 5%, and from January 2021 by 3%.
The main amount of pension savings was formed at the expense of mandatory pension contributions (OPV) and amounted to 12.9 trillion tenge (an increase of 5% over the past 12 months). The amount of pension savings on mandatory professional pension contributions (OPP) amounted to 355.7 billion tenge (an increase of 16%), the amount of pension savings on voluntary pension contributions (DPV) amounted to about 1.7 billion tenge.
In the ten months of 2021, UAPF depositors contributed more funds than in the same period last year. As of November 1, 2021, pension contributions totaling about 1.1 trillion tenge were received to depositors' accounts, which exceeded the indicator for the same period in 2020 (by 203.5 billion tenge or 23%). Of the total contributions, 95.7% are receipts to the UAPF for OPV - 1.02 trillion tenge (an increase of 24% over the past 12 months), 45.7 billion tenge (an increase of 17%) were received for OPV, 567 million tenge (an increase of 39%) was transferred for DPV.
In addition to the contributions of depositors themselves, a significant increase in pension savings was provided due to net investment income, which from January 1 to November 1, 2021 exceeded 1.2 trillion tenge, which exceeds the figures of last year by 105.6 billion tenge or 10%. The yield on pension assets of the UAPF under the management of the National Bank of Kazakhstan since the beginning of the year amounted to 9.93%, with inflation of 7.0%. At the same time, the yield for the last 12 months was 10.90%, with inflation for the same period at 8.9%.
The number of individual pension accounts in the UAPF as of November 1, 2021 amounted to 11.7 million units. The largest number of accounts have been opened for mandatory pension contributions (OPV) – 10,910,003 units. Next are the accounts formed at the expense of the OPPV, 536,752 units, the number of accounts at the expense of the DPV in the UAPF is now 56,487 units.
Since the beginning of the year, the UAPF has paid 2.2 trillion tenge to depositors, most of them were lump-sum pension payments (EPO) - 2.0 trillion tenge. Payments by age - 78.7 billion tenge. This is followed by: transfers to insurance organizations - they amounted to about 50.8 billion tenge, inheritance payments of 47.7 billion tenge, 33.0 billion tenge for permanent residence outside the Republic of Kazakhstan, 4.5 billion tenge for burial and 1.8 billion tenge for disability payments.
It is worth noting that the amount of the average monthly payment according to the schedule (due to reaching retirement age) It amounted to 28,472 tenge, and the maximum amount of monthly payment was 673,643 tenge.