ANNOUNCEMENT
On the corporate website of the Unified Accumulative Pension Fund (www.enpf.kz) in the section "Pension systems of the world" an overview of the main indicators of countries with a funded pension system is published. In it, the specialists of UAPF JSC compared the countries of the Organization for Economic Cooperation and Development (OECD) and Kazakhstan. The statistical data of the OECD, the United Nations Organization (UN) and the UAPF were taken as a basis.
Seven countries are represented in the survey: Australia, Denmark, Israel, Mexico, Chile, Estonia and Kazakhstan. All countries have different GDP, population size, retirement age, pension contribution rates, etc. However, they are all united by the accumulative pension system, and anyone can familiarize themselves with the material in detail by following the link (https://www.enpf.kz/ru/pension-system/world/obzor-osnovnykh-pokazateley-stran-s-nakopitelnoy- pensionnoy-sistemoy.php).
Note that the corporate website also contains information on the pension systems of Armenia, Norway, Malaysia, Singapore and Sweden. Our specialists have prepared materials in a convenient format with graphs and diagrams in Kazakh and Russian. The section will be regularly updated with new reviews and statistical data on foreign countries.
UAPF was created 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 Institution "Committee for State Property and Privatization" of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. From January 1, 2016, the functions of developing proposals to improve the efficiency of pension assets management were transferred to the Council for the Management of the National Fund. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, compulsory professional pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the contributor (recipient) with information on the state of his pension savings (for more details see www.enpf.kz ).