О досрочном использовании пенсионных накоплений

Yevgeny Seypulnik's initiative on the possibility of using pension savings by depositors for their own needs during the coronavirus pandemic is his private opinion. At the next meeting of the Public Council at the UAPF, which took place on July 17, 2020, this proposal was not discussed.
All over the world, in the context of the coronavirus pandemic and quarantine, systemic measures are being taken to support citizens from the state at the expense of budgetary and extra-budgetary funds. At the same time, it is important that issues related to emergencies are not resolved at the expense of citizens' personal retirement savings intended for their retirement benefits after the end of their employment.
Any proposals for a pension system require calculations and assessments, taking into account the long-term consequences of the decisions made on the provision of pensions to citizens, government spending and the economy as a whole.
Since Yevgeny Seypulnik's proposals were presented without detailed elaboration and substantiating calculations, the Public Council at the UAPF during an online discussion did not support the position he voiced on social networks.

UAPF was established on August 22, 2013 on the basis of APF GNPF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution "Committee for State Property and Privatization" of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. From January 1, 2016, the functions of developing proposals to improve the efficiency of pension assets management were transferred to the Council for the Management of the National Fund. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, compulsory professional pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the contributor (recipient) with information on the state of his pension savings (for more details see www.enpf.kz ).