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Joint-Stock Company "Unified Accumulative Pension Fund"

Joint-Stock Company "Unified Accumulative Pension Fund "(JSC "UAPF") was established on August 22, 2013 on the basis of the State Accumulative Pension Fund (GNPF).

The founder and shareholder of UAPF JSC is the Government of the Republic of Kazakhstan represented by the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan.

Pension assets of UAPF JSC are managed by the National Bank of the Republic of Kazakhstan.

 

SERVICES

* Conclusion of contracts on pension provision (opening of an individual pension account) by means of attraction of funds:

o Mandatory pension contributions (OPV)

o Mandatory occupational pension contributions (OPP))

o Voluntary pension contributions (DPA)

o Registration of pension payments:

o according to the established schedule

o at the expense of voluntary pension contributions

o in connection with the departure for permanent residence outside the Republic of Kazakhstan

o in connection with the death of the recipient (for burial, inheritance)

o for the purpose of improving housing conditions and (or) paying for treatment

o Transfer of pension savings from the UAPF to an insurance company under a pension annuity agreement

o Providing depositors (recipients) with information from an individual pension account on the status of their pension savings

Changing the details of individual pension account holders (personal and contact information)

Free consultations on the functioning of the accumulative pension system and investment management of pension assets

Transfer to the trust management of the investment portfolio manager (at the choice of the depositor

 

THE UAPF MISSION

Совершенствование Improving the parameters and mechanisms for implementing pension payments from the UAPF

Внедрение Introduction of the conditional-accumulative component of the accumulative pension system – mandatory pension contributions of the employer

Performing the functions of the UAPF as the Competent Authority under the Agreement on Pension Provision for Workers of the EAEU Member States

 

Organizational assistance to depositors in the formation of pension savings by improving the quality of services, reliable accounting of pension assets, as well as improving the culture of planning pension savings.

 

VISION

UAPF is a single operator of all financial and information flows of the accumulative pension system of the Republic.

 

UAPF VALUES

* Reliability

The Fund carries out its activities strictly within the limits defined by the legislation of the Republic of Kazakhstan.

* Transparency

The Fund aims to maintain high standards of corporate governance and regularly publishes information on the status of depositors ' accounts and its current financial condition in open information sources.

Customer focus

The interests of UAPF clients are the most important, and the Fund does everything to make its pension services available anywhere in the Republic of Kazakhstan, as well as abroad, understandable and meet the expectations of consumers.

Progressivity and self-improvement

The Foundation's staff is constantly learning and applying new skills and knowledge to be ready for the demands and challenges of the time.

Responsibility

The management and employees of the UAPF are responsible to the depositors and recipients of pension savings for the continuous improvement of the Fund's activities, economical and rational use of resources.

 

STRATEGIC GOALS AND OBJECTIVES OF THE UAPF

High-quality provision of services in accordance with the standards of best practices

o Ensuring equal access to pension services

o Compliance with established standards of pension services

o Bringing the Fund's business processes into compliance with the quality management system standards for further development of the integrated risk management and internal control system

Development of the culture of planning pension savings by the population of the Republic of Kazakhstan

o Increasing the level of financial and legal literacy of the population in the field of pension provision

o Strengthening public confidence in the funded pension system through the formation of a positive image of the UAPF

o Creating a culture of personal pension plans

o Development of voluntary pension plans

Implementation of the legislation of the Republic of Kazakhstan in the areas of further development of the accumulative pension system of Kazakhstan

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