Pension assets of Kazakhstanis grew by KZT3 trillion in 8 months
Pension assets of Kazakhstanis as of September 1, 2024 exceeded KZT20.9 trillion. Growth over 8 months amounted to more than KZT3 trillion or 17%. Over the year, pension assets grew by more than KZT4.1 trillion (or 24.7%).
96.25% of Kazakhstanis' savings are formed through the CPC, the volume of which as of September 1, 2024 amounted to about KZT20.1 trillion (an increase of 23.9% over the year, 16.3% since the beginning of the year). The amount of the CPC pension savings amounted to KZT627 billion, having increased by 17.7% over the year, and by 10.3% since the beginning of the current year. The largest increase (49.2% over the year, 33.2% since the beginning of the year) was shown by savings on voluntary pension contributions (VPC), the volume of which amounted to KZT7 billion.