1) Good afternoon! I accidentally paid for ESP not for the month, how to return a perfect payment?
According to para 12 of regulation No. 4 for return of erroneously paid amounts of ESP by the payer, the Bank or organization conducting separate types of banking operations in the State, the Corporation filed an application for refund of erroneously paid ESP on a form prescribed by Regulation No. 4, to which is attached a copy of the payment document or of the document confirming payment of ESP.
On the basis of the declarations of an agent of the State, the Corporation sends in the Fund an electronic application for a refund of the erroneously credited amounts of ESP.
UAPF returns the application to the State Corporation within two business days from the date of receipt of the electronic application with a list of ESP payers and the number and date of the application.
Further, the State Corporation, upon receipt of the full amount of the ESP within three business days from the date of receipt of the amounts, makes their transfer by payment order to the Bank account of the ESP payer specified in the application for the refund of mistakenly paid ESP amounts.
In connection with the above, you must contact the branch of the State Corporation at your place of residence to return the wrongly credited ESP amounts or clarify the details of the Bank or organization that transferred the ESP amount to the State Corporation.
2) I am preparing to go on maternity leave in the near future, what will happen to my pension contributions, because I will not work?
After the birth of a child, you are entitled to state financial support for mothers who are on maternity leave. In particular, one of the forms is subsidizing for compulsory pension contributions (CPC) at the expense of budgetary funds. According to paragraph 4 of Chapter 2 of the rules of the Order of the Minister of health and social development of the Republic of Kazakhstan dated December 18, 2014 No. 330, subsidizing OPV at the expense of budget funds is carried out monthly in favor of recipients of social benefits. That is, every month until the child is one year old, pension contributions will be transferred to the individual pension account of the mother through the state Corporation "Government for citizens" at the expense of budget funds and the state social insurance Fund.
Under the OPV subsidy system, the amount of women's pension contributions does not decrease and during the entire period of receiving social payments for child care from the State social insurance Fund (SSSF) remains at the level of the woman's income, from which the amount of social payment for child care was calculated.
That is, the amount of mandatory pension contributions at the level of OPV (10% of income), deducted during the period of active work before going on maternity leave, remains. Thus, the 10% contribution is divided between:
4% - from the State social insurance Fund, which deducts payments for child care (gfss);
6 % - from the National budget (subsidy).
For example, before the birth of a child, a woman's monthly salary was 150,000 tenge. Every month, 10% of the OPV of this amount, i.e. 15,000 tenge, was allocated to her individual pension account in the UAPF. After going on maternity leave, this contribution amount should remain, while 4% of the income (6000 tenge) will be paid from the state fiscal service, and 6% (9000 tenge) from the National budget through subsidies.
It is worth noting that there is no need to collect documents or apply anywhere for state subsidies. Subsidies are calculated and transferred to a woman's pension account automatically when the child care allowance for up to one year is calculated.
3) Hello, I recently read that the investment income that is accrued to UAPF depositors can change both in plus and minus. Therefore, I would like to ask who invests our money UAPF or the national Bank? And why can't all the money just buy gold and wait for it to grow in price?
In accordance with article 35 of the Law of the Republic of Kazakhstan "on pension provision in the Republic of Kazakhstan", investment management of pension assets of the Unified accumulative pension Fund is performed by the national Bank of the Republic of Kazakhstan. The Board of management Of the national Fund of the Republic of Kazakhstan is the body that performs the functions of developing proposals for improving the efficiency of management, investment directions and determining the list of financial instruments allowed to be purchased at the expense of pension assets of the unified accumulative pension Fund. The Advisory body of the National Bank of the Republic of Kazakhstan is the UAPF pension asset management Council. The list of financial instruments allowed to be purchased at the expense of pension assets of the UAPF is approved by the decree of the Government of the Republic of Kazakhstan.
Regarding the second issue, it is worth noting that the allocation of all pension savings to one type of instrument is not allowed due to the basic principles of risk management. Therefore, the diversification of the portfolio by types of currencies and instruments allows you to expand the geography of investments, the range of financial instruments purchased at the expense of pension assets, which reduces risks and protects the pension portfolio as a whole.
4) about five Years ago, I opened an account in the UAPF. Unfortunately, the last time I had official work and therefore no contributions did not, my savings have already burned?
Your retirement savings are your property and are stored in your individual retirement account until retirement age or other grounds for their payment. It is important to remember that money in individual pension accounts is stored in the UAPF indefinitely and does not have a specific expiration date. In addition, they are constantly charged investment income. It is accrued daily at the end of each financial day on funds until they are exhausted, that is, even if you retire and already begin to receive payments, the remaining savings continue to accrue investment income.
Also note that the government guarantees safety of compulsory pension contributions in the amount actually paid by the Fund, taking into account the level of inflation at the time of acquisition by the recipient of the right to pension (article 5 of the Law of RK "On pension ensuring in the Republic of Kazakhstan").
5) Good afternoon! Next year my father is retiring, recently we looked at the statement and there was a small amount of about 900 thousand tenge accumulated, can you give the entire amount at once?
In accordance with the provisions of the Rules for making pension payments from pension savings formed at the expense of mandatory pension contributions, mandatory professional pension contributions from the unified accumulative pension Fund, approved by the decree of the Government of the Republic of Kazakhstan, pension payments from the UAPF at the expense of mandatory pension contributions and mandatory professional pension contributions from 01.01.2018 are made monthly according to the established schedule and you can not receive them at a time.
Only if the sum of pension savings at the time of application does not exceed twelve the minimum pension established by the law on Republican budget for corresponding financial year, this amount shall be paid to the recipient of the SAPF at a time (in 2020 with 01.04.2020 g. is the sum equal to 485 292 tenge).