National Children's Trust

National Children's Trust

The first target requirements and target savings were received

under the program "National Fund for Children"

Under the National Fund for Children program, the UAPF has accruedfirst target requirements(for children under the age of 18) and receivedfirst target savingsto target savings accounts (for children who turn 18 in 2024).

Starting from January 1, 2024, all children – citizens of Kazakhstan who have not reached the age of majority as of the end of 2023-have become participants of the program.

The total number programchildren (children born from 01.01.2006 to 31.12.2023, inclusive). Of304,815participants will be 18 years old in 2024 (children born from 01.01.2006 to 31.12.2006, inclusive).

Overthe past year received the same amount in the amount of 100 and 52 US cents.

It is important to understand that these are only the first accruals, and the amount will increase annually due to the growth of the National Fund's assets and the receipt of investment income. In addition, the accrued funds will continue to be invested as part of the currency assets of the National Fund and bring additional investment income to children participating in the programuntil they reach the age of 18.

Children who will be years old in 2024already received the amountdesignated savings accountsopened with the UAPF automatically. These program participants will be eligible to use their designated savings forhousing or educationsoon as they reach the age of majority.

 

We remind you that target requirements are obligations of the Government of the Republic of Kazakhstan to children under 18 years of age - citizens of the country, formed in the National Fund annually at the expense of 50% of investment income calculated at the rate of return averaged over the last 18 years (preceding the reporting year). Funds considered as target requirements will continue to be invested until the child's 18th birthday, and additional investment income will be accrued on them annually.

According to the law, the right to use targeted requirements comesonly after the child reaches the age of 18. In the year when the child reaches the age of 18, the amount of accumulated target requirements is transferred to the child's target savings account opened with the UAPF for use for housing or education.

Money accumulated in the UAPF on the target savings accounts of children who are citizens of Kazakhstan and reach the age of 18 in the current year is calledtarget savings. In order to use these funds, an adult program participant can apply to authorized operators by opening a bank account there, to which their target savings will be transferred from the UAPF in US dollars. The list of authorized operators that have signed an agreement with the UAPF and work under the National Fund for Children program is available on the website enpf.kz.

The UAPF records all target requirements and target savings under the National Fund for Children program (including accumulated investment income) in US dollars, as well as provides information on program participants.

Parents (or other legal representatives) of the minor can check (using the child's IIN) on a specially created websitekids.enpf.kz. Here you can also get acquainted with the program's terms and conditions, get instructions, and get answers to your questions. Parents can also check their child's accrual data in their personal account on the portal egov.kz.

Target savingscan be checked by an adult citizen independently in their personal account on the enpf website.kz, in the UAPF mobile app or on the portal egov.kz.

Statistical reports on accruals by age, gender, and regions of the republic will be regularly posted on the site enpf.kz.

 

Number of target requirements/target savings participants

by gender and year of birth:

year of birth

floor

husband

wives

in total

2006

156 003

148 812

304 815

2007

169 535

161 122

330 657

2008

187 098

177 706

364 804

2009

185 549

174 688

360 237

2010

189 443

179 762

369 205

2011

191 954

181 958

373 912

2012

194 720

186 028

380 748

2013

199 283

187 910

387 193

2014

204 706

194 048

398 754

2015

204 745

193 648

398 393

2016

206 255

193 580

399 835

2017

200 683

188 487

389 170

2018

204 014

192 501

396 515

2019

206 223

193 756

399 979

2020

219 068

205 488

424 556

2021

228 076

215 192

443 268

2022

210 091

198 141

408 232

2023

200 654

188 204

388 858

in total

3 558 100

3 361 031

6 919 131

 

It is important to know that the full list of children participating in the UAPF program is formed annually on the basisofficial informationfrom the State Database "Individuals". If a child is included in this database, it automatically becomes a member of the National Fund for Children program and is guaranteed to receive target requirements and investment income for all years of participation in the program.

If for some reason the child is not included in the State Database "Individuals" and for this reason was not included in the list of participants in the program (but has the right to be a participant), the target requirements are calculated for the missed period (missed periods) in full (including investment income) in the next calendar year.

In this case, we recommend that parents (legal representatives) of their children check:

  • the child has an identity document (birth certificate, from the age of 16-an identity card of a citizen of the Republic of Kazakhstan);
  • correctness and availability of the following details in the identity document: full name, date of birth, IIN, citizenship;
  • availability, attachment and correctness of information about children in your personal account on the portal egov.kz (this resource will provide a detailed statement on the target requirements of the child attached to the parent).

If the child has:

  • If you do not have anidentity document or an IIN, you should contact the State Corporation "Government for Citizens" at your place of residence (PSC).
  • If your citizenship is missing, not established, or incorrectlyindicated, then you should contact the migration service at your place of residence.

After making the necessary adjustments to the State Database "Individuals", the target requirements and investment income for the child will be fully credited next year, taking into account the missed period.

       

        Video comments on the topic at YouTube-channel БЖЗҚUAPF

       

UAPF was established on August 22, 2013 on the basis of JSC " NPF "SAPF". The founder and shareholder of the UAPF 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. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. Since January 1, 2016, the functions of developing proposals for improving the efficiency of pension asset management have been transferred to the National Fund Management Council. In accordance with the pension legislation, the UAPF attracts mandatory pension contributions, mandatory professional pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the depositor (recipient) with information on the state of his pension savings (more information on the website www.enpf.kz)