INFORMATIONAL MESSAGE
Kazakhstanis returned over 246 billion tenge to the UAPF
As of September 23, 2021, the UAPF has executed 438,834 applications of depositors (recipients) for the use of pension savings to improve housing conditions. Over 1.8 trillion tenge has been transferred to special accounts of Kazakhstanis opened in authorized operator banks by the UAPF. The average amount of one-time pension payments amounted to 4.2 million tenge.
Most of the executed applications were sent by residents of Almaty (16.9%), Mangystau region (14.0%), Nur-Sultan (12.9%). On the website www.enpf .kz the "Indicators" section contains detailed information - for what purposes Kazakhstanis plan to use lump-sum pension payments and by region (subsections "Lump-sum pension payments for improving housing conditions by goals" and "Lump-sum pension payments for improving housing conditions", respectively).
To date, authorized operators accepting applications for the use of part of pension savings are JSC "Housing Construction Savings Bank "Otbasy Bank", JSC "Halyk Bank of Kazakhstan", JSC "Altyn Bank", JSC "Bank CenterCredit" and JSC "Bank Freedom Finance Kazakhstan". A significant part of the executed applications were submitted through JSC "Housing Construction Savings Bank "Otbasy Bank" (95.1% of the total number of executed applications), followed by JSC "Halyk Bank of Kazakhstan" (3.8%), JSC "Bank CenterCredit" (1.0%), JSC "Altyn Bank" (0.04%) and JSC "Bank Freedom Finance Kazakhstan" (0.02%).
We remind you that after receiving a lump-sum pension payment to a special account opened with an authorized operator (Housing Construction Savings Bank Otbasy Bank JSC), the recipient provides the authorized operator with documents confirming the purpose of lump-sum pension payments within 45 working days from the date of their receipt (according to paragraph 13 of the Rules for Using Lump-sum Pension payments to improve housing conditions in accordance with the legislation of the Republic of Kazakhstan), and for other authorized operators - within 3 (three) working days. In case of failure to provide the authorized operator with supporting documents within the prescribed period, these funds are subject to return to the UAPF.
The recipient can also return the transferred amount to the UAPF without waiting for the specified period by submitting an appropriate application to the authorized operator, which the authorized operator must execute within 3 (three) working days from the date of receipt of the application for a refund from the recipient.
It should be noted that 240.7 billion tenge was returned to the individual pension accounts (IPS) of depositors (recipients) from authorized operators due to the fact that lump-sum pension payments by Kazakhstanis were not used in due time, at the request of the applicant and for other reasons.
The UAPF also executed 43,453 applications for treatment totaling 40.1 billion tenge. At the same time, the average withdrawal amount is 0.9 million tenge. At the same time, 6.1 billion tenge was returned to the IPS of depositors (recipients) to the UAPF from the authorized operator (JSC "Housing Construction Savings Bank "Otbasy Bank"), these funds were not used in due time, at the request of the applicant and for other reasons.
You can get acquainted with the current statistics on the use of pension savings for treatment on the website www.enpf .kz in the "Indicators" section - "Lump-sum pension payments for treatment".
UAPF was established on August 22, 2013 on the basis of JSC "NPF "GNPF". The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan. The trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan. Since January 1, 2016, the functions of developing proposals to improve the efficiency of pension assets management have been transferred to the National Fund Management Council. In accordance with the pension legislation, the UAPF attracts mandatory pension contributions, mandatory occupational pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the depositor (recipient) with information on the status of his pension savings (more on www.enpf.kz )