ANNOUNCEMENT
The maximum monthly benefit by age from the UAPF was KZT 522,610
As of February 1, 2021, the Unified Accumulative Pension Fund made benefit payments to 167,423 beneficiaries. In general, more than 172 thousand pension benefit payments, lump-sum pension benefits and transfers to insurance organizations were made for a total amount of KZT 73.8 billion, including:
- lump-sum pension benefits - KZT 49.6 bln
- transfers to insurance organizations - KZT 9.1 bln;
- payments upon reaching the retirement age - KZT 6.5 bln;
- payments by inheritance - KZT 5.9 bln;
- due to leaving for permanent residence - KZT 2.1 bln;
- payments for burial - KZT 0.4 bln;
- payments for disability - KZT 0.2 bln.
It should be noted that the amount of the average monthly benefit according to the schedule (in connection with reaching the retirement age) was KZT 25,886, and the maximum amount of the monthly beneditt was KZT 522,610.
UAPF was established on August 22, 2013 on the basis of GNPF APF JSC. The UAPF founder and shareholder is the Government of the Republic of Kazakhstan represented by the State Institution “Committee of State Property and Privatization” of the Ministry of Finance of the Republic of Kazakhstan. UAPF pension assets are managed by the National Bank of the Republic of Kazakhstan. From January 1, 2016, the functions for developing proposals to improve the management of pension assets were transferred to the National Fund Management Council. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, pension benefits, individual accounting of pension accumulations and benefits, provides the contributor (beneficiary) with information on the status of his pension accumulations (for more information visit www.enpf.kz)