How many times can I withdraw the amount of my pension savings over the sufficiency threshold?
The Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" provides that a lump–sum pension payment is the amount of pension savings formed at the expense of OPV and OPV, withdrawn by the depositor (recipient) from the UAPF in order to improve housing conditions and (or) pay for treatment, in accordance with the procedure established by Law.
The Law also states that pension savings are the money of the depositor (recipient of pension payments) accounted for in his individual pension account, including OPV and OPV and voluntary pension contributions, investment income, penalties and other income in accordance with contracts, this Law, the legislation of the Republic of Kazakhstan.
If the minimum sufficiency threshold allows you to use your retirement savings, you can apply for one-time pension payments in excess of the sufficiency threshold an unlimited number of times.