I have a sufficient amount in my account to transfer my pension savings from the UAPF to an insurance organization under a pension annuity agreement. Is it possible to find out what amount of payments I should have in the case of a money transfer, and if I stay in the UAPF?
Each depositor of the Unified Accumulative Pension Fund can independently calculate their future pension payments from both the UAPF and the insurance organization, 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 at the expense of mandatory pension contributions (OPV), mandatory occupational pension contributions (OPV) and voluntary pension contributions (DPV).
At the same time, 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 projected amount of the annuity payment from the insurance company, thereby you will be able to independently compare it with payments according to the schedule from the UAPF. Calculations for several years will be provided in a separate column. In order to view the payments from the UAPF, it will be enough for you not to click on the item "Calculate a lifetime annuity"in the incoming window. You will only have to compare the two amounts received.
Note that it is easy and very simple to perform calculations. To do this, you need to 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 calculation of future payments is carried out literally in two or three clicks.
The results of calculating your future payments will be 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 of the corresponding forecast period). In addition, you will see the age and date of retirement, the number of years until the savings are exhausted, etc.
In addition, on the enpf website.kz it is also possible to calculate the amount of pension savings for the current year, sufficient for transfer to an insurance organization, for this you will need a pension calculator in the column "Transfer of savings to CSJ".