How do I find out my future pension or annuity payments?
In the forecast calculator on the site enpf.kz added a new feature
Today, each depositor of the Unified accumulative pension Fund can independently calculate their future pension payments using one of the most popular services on the Fund's website – the Forecast pension calculator. It covers all components of the pension within the multi-level pension system of Kazakhstan: the state basic pension and the old-age pension (or solidary), as well as the pension formed from mandatory pension contributions (OPV), mandatory occupational pension contributions (OPV) and voluntary pension contributions (DPV).
It is easy and very simple to perform calculations. To do this, you must fill in all the necessary fields in the forecast calculator, such as date of birth, gender, work experience, amount of savings, etc. If you are registered in your personal account on the site enpf.kz then the fields in the calculator are filled in automatically and the future pension is calculated in just two or three clicks.
Next, you will see the results of calculating your future payments from the UAPF, which are issued in three scenarios: pessimistic, realistic and optimistic. All three options take into account the expected level of profitability. At the same time, all forecast results are presented in real value terms (minus inflation for the corresponding forecast period). In addition, you will see the age and date of retirement, the number of years until the savings are exhausted, and so on.
Note that a new function has now been added to the forecast calculator. If the projected amount of pension savings (formed at the expense of OPV, OPV, and DPV) is sufficient to reach retirement age, a pop-up window will appear notifying the user about the possibility of concluding a pension annuity agreement with an insurance company in the future and receiving lifetime pension payments. The calculation immediately allows you to find out the estimated amount of annuity payments from the insurance company, so you can independently compare it with payments on the schedule from the UAPF.
Recall that on the site enpf.kz it is also possible to calculate the amount of pension savings for the current year, sufficient to transfer to an insurance company. for this, you will need a pension calculator in the column " Transfer of savings to CSR»,
UAPF was established on August 22, 2013 on the basis of JSC " NPF "GNPF". The founder and shareholder of UAPF is the Government of the Republic of Kazakhstan represented by the state property and privatization Committee of the Ministry of Finance of the Republic of Kazakhstan. The national Bank of the Republic of Kazakhstan provides trust management of pension assets of the UAPF. Since January 1, 2016, the functions of developing proposals for improving the efficiency of pension assets management have been transferred to the National Fund management Council. In accordance with the pension legislation, the UAPF attracts mandatory pension contributions, mandatory professional pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, and provides the depositor (recipient) with information about the status of his / her pension savings (for more information, see www.enpf.kz)