INFORMATIONAL MESSAGE
Why should young people think about retirement today?
The UAPF takes an active part in the Financial literacy weeks for young people, held by representatives of financial organizations with the support of the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.
A round table "Financial literacy as a factor in improving the welfare of the population" was held at Turan University in the format of educational lectures for more than 100 students, undergraduates, and doctoral students and teachers. In addition to UAPF JSC, the event was attended by representatives of the financial regulator, the Financial Monitoring Agency of the Republic of Kazakhstan, the KMF-Demeu Fund and the First Credit Bureau. UAPF specialists held a lecture on the topic: "Why you need to think about pensions now: everything about the pension system of Kazakhstan."
During the meeting, students learned about how the pension system of Kazakhstan is organized. Special attention was paid to the fact that in our country there is a multi-level pension provision, which consists of a state and funded pension. Since the role of the accumulative component increases from year to year, during the lecture they dwelt in detail on accumulative contributions to the UAPF – mandatory pension contributions (OPV), mandatory occupational pension contributions (OPV) and voluntary pension contributions (DPV). Great interest was aroused by the topics of investment management and online services, as well as the possibility of calculating future pensions using a predictive pension calculator.
- It is very pleasant that the students listened to our lectures with attention and interest. After all, as you know, current pensioners receive the bulk of their pensions from the state budget, and the pension of today's students will depend mainly on themselves. Therefore, it is important to teach them the skills of savings planning right now," said Talgat Kabanbayev, lecturer, leading specialist of the Field service Department of the UAPF branch in Almaty.
The UAPF plans to continue its information and explanatory work in the future, including meetings with students, on a regular basis, so that young people already understand how important it is to replenish their retirement account constantly and in full in order to meet old age with dignity.
The 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 )