Kazakhstanis received KZT2.4 trillion in net investment income for 10 months of 2024
The net investment income of Kazakhstanis for 10 months of 2024 amounted to about KZT2.4 trillion, which is KZT1.1 trillion or 92.8% more than the same period last year.
At the same time, due to compulsory pension contributions (CPC), compulsory occupational pension contributions (COPC), voluntary pension contributions (VPC), contributors and beneficiaries received net investment income in the amount of more than KZT2.3 trillion, which exceeds the volume of these contributions, which amounted to KZT2.1 trillion. This trend of outpacing the growth of net investment income over the volume of contributions has been observed since August 2024.
Net investment income from employer’s compulsory pension contributions (ECPC), the transfer of which began only in 2024, amounted to KZT12.6 billion with a contribution volume of more than KZT181.9 billion.
The return on UAPF pension assets formed through CPC, COPC, VPC, under the management of the National Bank of the Republic of Kazakhstan for 10 months of 2024 amounted to 12.67%. At the same time, the return on UAPF pension assets for the last 12 months as of November 1, 2024 amounted to 14.88% with inflation at the rate of 8.50%.
The return on UAPF pension assets formed at the expense of ECPC as of November 1, 2024 from the beginning of the year is 11.00%.