Good day! My name is Mikhail, I would like to open a retirement account for myself. What documents do I need to provide? Or can the employer do everything for me?

Good day! My name is Mikhail, I would like to open a retirement account for myself. What documents do I need to provide? Or can the employer do everything for me?

Since 2019, according to paragraph 2 of Article 37 of the Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan", the opening of an individual pension account (IPS) in the UAPF for accounting for mandatory pension contributions (OPV) is carried out automatically, respectively, there is no need for individuals to apply to the UAPF to open an IPS for accounting for OPV.

Thus, in order to open an IPS in the UAPF for accounting for OPV, an individual does not need to apply to the UAPF for the purpose of filing an application. If there is no account, it is opened in the UAPF information system automatically when the first payment is received. The identification of an individual is carried out using the personal data specified in the electronic format of the payment order when transferring the pension contribution, and the UAPF receives all the necessary information about the details of the current document and other details from the information systems of state bodies.

Good day! My name is Mikhail, I would like to open a retirement account for myself. What documents do I need to provide? Or can the employer do everything for me?
Дата публикации
19 августа 2021