The Law of the Republic of Kazakhstan "On Amendments and Additions to some legislative acts of the Republic of Kazakhstan on the restoration of economic growth" granted citizens the right to use part of their pension savings to improve housing conditions, pay for treatment, as well as to transfer to investment management private management companies.
This right can be used by depositors who, due to the transfer of regular and full pension contributions, have formed savings that exceed the minimum sufficiency threshold and allow them to receive pension payments not lower than the minimum pension in the future.
At the same time, pension savings available for use by citizens include not only mandatory pension contributions and mandatory professional pension contributions, but also the investment income received from their investment.
In accordance with the law "On Pension Provision in the Republic of Kazakhstan, the term" threshold of minimum sufficiency of pension savings " includes the actual amount of pension savings of the depositor, as well as his future pension contributions and investment income, which will allow him to provide a pension income of at least the minimum pension when reaching retirement age. At the same time, it is assumed that future contributions will be deducted from income not lower than the minimum wage. If incomes are higher, the minimum sufficiency threshold will be formed faster, and post-retirement payments will be greater than the minimum pension.
The methodology and parameters for calculating sufficiency thresholds are determined by the decree of the Government of the Republic of Kazakhstan and are calculated for each age separately. The preliminary thresholds for the minimum sufficiency of pension savings for 2021 are as follows:
Age, years
Thresholds of minimum sufficiency of pension savings, tenge
20
1 710 000
21
1 780 000
22
1 860 000
23
1 930 000
24
2 010 000
25
2 090 000
26
2 170 000
27
2 250 000
28
2 330 000
29
2 420 000
30
2 500 000
31
2 590 000
32
2 670 000
33
2 760 000
34
2 850 000
35
2 940 000
36
3 030 000
37
3 130 000
38
3 220 000
39
3 320 000
40
3 420 000
41
3 520 000
42
3 620 000
43
3 720 000
44
3 820 000
45
3 930 000
46
4 030 000
47
4 140 000
48
4 250 000
49
4 360 000
50
4 470 000
51
4 590 000
52
4 700 000
53
4 820 000
54
4 940 000
55
5 060 000
56
5 180 000
57
5 300 000
58
5 430 000
59 - 62
5 560 000
To verify that their savings meet the sufficiency threshold, depositors can receive an extract from their pension account with the ENPF in their personal account on the enpf website.kz, in the updated UAPF mobile app or on the egov portal.kz in online mode. The statement contains information about the sufficiency threshold and the amount available for targeted use.
In your Personal Account on the website and in the UAPF mobile app, there are two ways to log in: use an electronic digital signature or enter your IIN and password.
You can also check the status of your savings by regularly receiving an extract to your email address registered in the UAPF database.
For convenience and quick access to information about their savings, the UAPF has launched its own bot in the Telegram messenger, with which you can also get an extract.
You can also check your pension savings by visiting the regional branches of UAPF JSC with an identity document.
Residents of remote areas where there are no UAPF branches can contact the authorized branches of Kazpost JSC, the list of which is indicated on the website https://www.enpf.kz/ru/services/kazpost/index.php and choose any convenient way of informing.