I would like to transfer my pension savings to companies that manage the investment portfolio. How do I do this and how much money can I transfer?
To transfer pension savings to the trust management of the investment portfolio manager (IPM), first of all, the UAPF depositor must check whether there are sufficient pension savings in his individual pension account to transfer them to the IPM. You can do this in your personal account on the enpf website.kz or in the UAPF mobile app.
Pension savings can be transferred to a trust UIP:
- in an amount not exceeding the difference between the actual amount of the depositor's pension savings and the threshold of the minimum sufficiency of pension savings; or
- in the amount not exceeding the balance of pension savings due to mandatory pension contributions and (or) mandatory professional pension contributions to its IPS, if there is a concluded pension annuity agreement with the insurance company.
After the depositor is convinced of the sufficiency of pension savings in his pension account, he can submit a written application to the UAPF for the transfer of a certain amount of UIP savings. If a person has entered into a pension annuity contract with an insurance company and he has savings left on the IPS in the UAPF, he can also entrust them to the UIP.
The application can be submitted using an electronic digital signature through the personal account on the website www.enpf.kz, where there are detailed instructions for transferring savings, or when you personally contact any regional branch of the UAPF, you must have an identity document with you.
The UAPF transfers the part of pension savings that exceeds the amount of sufficiency to the trust management of the UIP within 30 (thirty) calendar days after the date of receipt of the application. The remaining part of the Applicant's pension savings will continue to be managed by the National Bank of the Republic of Kazakhstan.
The general accounting of savings on the individual pension account of the depositor will be conducted by the UAPF.