INFORMATIONAL MESSAGE
Key indicators of the UAPF as of December 1, 2022:
increase in the volume of incoming contributions and payments according to the schedule
More than 14.4 trillion tenge were the pension savings of Kazakhstanis as of December 1, 2022. At the same time, since the beginning of the year, this indicator has increased by more than 1.3 trillion tenge (or 10.2%).
Approximately the same increase – 9.9% or 1.2 trillion tenge was demonstrated by savings on individual pension accounts (IPS) for mandatory pension contributions (OPV). As of December 1, more than 13.9 trillion tenge has been accumulated on these accounts.
The amount of pension savings on mandatory professional pension contributions (OPP) amounted to about 436 billion tenge, having increased by 20.7% in 11 months.
The largest increase – 94.5% since the beginning of the year – was demonstrated by accumulations on voluntary pension contributions (DPV), which exceeded 3.3 billion tenge.
More than 1.5 trillion tenge was received by the IPS in the form of pension contributions from January 1 to December 1, 2022. This is 30% more than in the same period last year. The growth occurred for all types of contributions: compared to the same period last year, the volume of OPV increased by 29% (or by 329.5 billion tenge), OPV – by 39% (or by 19.4 billion tenge), the largest increase – 212% or 1.4 billion tenge – occurred in the DPV.
More than 777 billion tenge was credited to the accounts of depositors and recipients in the form of net investment income.
Payments from the UAPF have exceeded 1.1 trillion tenge since the beginning of the year. Most of the payments were still lump-sum pension payments (EPO) for improving housing conditions and treatment – 902 billion tenge. The volume of payments for alternative purposes decreased by 58% compared to last year.
Payments by age increased by 22.6% and amounted to about 109 billion tenge. It is worth noting that the amount of the average monthly payment according to the schedule from the UAPF (due to reaching retirement age) it amounted to 29,876 tenge, and the maximum amount of monthly payment was 707,326 tenge.
Inheritance payments were also made - 55.8 billion tenge, payments in connection with permanent residence outside the Republic of Kazakhstan – 45.3 billion tenge, disability payments – 2.2 billion tenge, burial payments – 4.9 billion tenge. About 23.2 billion tenge has been transferred to insurance organizations.
The number of individual pension accounts in the UAPF as of December 1, 2022 amounted to 12.1 million units, 10.9 million - for mandatory pension contributions. As of December 1, 2022, the number of accounts for the DPA amounted to 592,250 units, 356,116 IPS were opened for the accounting of the DPA.
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 )