How to get a one-time payment for the burial and savings of a deceased relative?
In the event of the death of the recipient, as well as a person who has pension savings in the UAPF and has not reached retirement age (men upon reaching 63 years of age, women upon reaching 60 years of age in 2021 with an increase in age by 0.5 years each year up to 63 years in 2027 ), his family or the person who performed the burial, the UAPF is paid a one-time payment for burial within the amount of 52.4 times the monthly calculation index established for the corresponding financial year by the law on the republican budget (in 2021, the MCI is 2,917 tenge), but not more than the funds available in the individual pension account (IPA).
If the balance of pension savings on the recipient's IPA after the lump-sum payment for burial amounts to an amount not exceeding the minimum pension established by the law on the republican budget for the corresponding financial year, this balance is paid as a payment for burial.
If, after this payment, savings remain on the individual pension account, they are inherited in the manner established by the legislation of the Republic of Kazakhstan.
The list of documents for receiving pension payments from the UAPF in the event of the death of the recipient (for burial/heirs) and registration of inherited pension savings in the UAPF can be found on the official website of the Fund enpf.kz
In accordance with the provisions of Article 326 of the Code of the Republic of Kazakhstan "On Taxes and Other Obligatory Payments to the Budget", pension payments made by the UAPF are classified as income in the form of pension payments subject to taxation.
Detailed information on the procedure for withholding individual income tax when taxing pension payments from the UAPF is also available on the Fund's website in the section: "Recipients" - "Procedure for taxation of pension payments".