The minimum adequacy threshold (MAT) for 2025 has not changed and remains at the level of 2023 and 2024.
MAT - minimum adequacy threshold - is the minimum amount of pension savings required to provide a monthly pension not lower than the minimum pension. Therefore, when withdrawing savings from the UAPF, the amount must remain within this threshold, which differs depending on the age of the contributor.
MAT is determined based on socio-economic indicators, as well as projected calculations of future pension contributions (from the minimum wage), investment returns, the minimum state basic pension payment, the minimum pension, and the subsistence minimum for calculating the amount of basic social benefits.
Let us remind you that in 2021, Kazakhstanis were given the opportunity to use pension surpluses (over MAT) to improve housing conditions, receive treatment, or transfer money to trust management. Detailed information is available on the UAPF website.
2) Is there a ceiling on pension benefit payments from the pension fund??