About closing pension accounts without savings

JSC "UAPF" informs about the entry into force from 01.03.2021. Rules for keeping records of pension savings at the expense of mandatory pension contributions, mandatory professional pension contributions and voluntary pension contributions on individual pension accounts (IPA) of contributors (beneficiaries), approved by the Resolution of the Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market dated February 12, 2021 No. 27 , according to which the IPA is closed after 1 (one) month, provided that there are no pension savings.

Thus, the UAPF will close the IPA, which were previously opened, including in cases where a person, getting a job, applied to open an account or entered into a pension agreement, but for some reason did not start making contributions, as well as will be closed the IPA, for which there were pension savings and payments and transfers of the entire amount of pension savings were made and after the payment or transfer was made, no contributions were received within 1 (one) month.

The number of accounts without pension savings in the UAPF as of February 1, 2021, was about 121 thousand.

Recall that from 2019, in order to open an IPA in the UAPF for accounting for mandatory pension contributions (MPC), an individual does not need to contact the UAPF in order to complete an application. The account is opened in the UAPF information system automatically upon receipt of the first installment, the identification of an individual is carried out according to the personal data specified in the electronic format of the payment order when transferring the pension contribution, and all the necessary information about the details of the current document and other details of the UAPF receives from the information systems of state bodies. The contributor is considered to have acceded to the agreement on pension provision at the expense of the MPC from the day the UAPF receives an electronic notification from the State Corporation "Government for Citizens".

Contributions are transferred by the employer from the deduction of the amount of MPC from the first salary, that is, the occurrence of “zero” accounts (without savings) for accounting for MPC is excluded.

Дата публикации
02 апреля 2021