From April 1 of this year, the thresholds for the minimum sufficiency of pension savings (PMD), calculated for 2022, come into force. Earlier, in pursuance of the instructions of the President K-Zh. Tokayev by the Decree of the Government of the Republic of Kazakhstan dated December 13, 2021 No. 875, the validity period of the PMD, calculated for 2021, was extended until April 1, 2022.
In order to exercise the right to use part of pension savings, the depositor (recipient) needs to check his pension savings and make sure that there is an amount of pension savings available for withdrawal in order to improve housing conditions and (or) pay for treatment. You can do this in your personal account on the website and/or in the UAPF or e-government mobile application.
Further, having made a decision on the use of part of the pension savings, you should apply in advance for a lump-sum pension payment via the bank's Internet resource -an authorized operator. To date, the authorized operators accepting applications for lump-sum pension payments to improve housing conditions are JSC "Housing Construction Savings Bank "Otbasy Bank", JSC "Halyk Bank of Kazakhstan", JSC "Altyn Bank", JSC "Bank CenterCredit" and JSC "Bank Freedom Finance Kazakhstan", for treatment - JSC "Housing construction savings Bank "Otbasy Bank". The authorized operator within 2 working days after consideration of the application for a lump-sum pension payment sends an electronic notification to the UAPF. On the part of the UAPF, the amount available for withdrawal is checked taking into account the PMD on the day of receipt of an electronic notification from an authorized operator. The UAPF transfers the amount of the recipient's lump-sum pension payment to the authorized operator within five working days from the date of receipt of the electronic notification.
We would like to draw your attention to the fact that since the PMD for 2022 begins to take effect on April 1, 2022, the UAPF will make lump-sum pension payments according to the PMD values calculated for 2021, according to applications received by the UAPF from authorized operators until March 31, 2022, inclusive. The Law of the Republic of Kazakhstan "On Pension Provision in the Republic of Kazakhstan" defines that PMD is the minimum amount of pension savings formed at the expense of mandatory pension contributions and (or) mandatory occupational pension contributions, determined in accordance with the methodology approved by the Government of the Republic of Kazakhstan. The methodology for determining PMD was approved by the Decree of the Government of the Republic of Kazakhstan dated October 2, 2013 No. 1042 (with amendments and additions dated January 6, 2021).
According to the Methodology, the PMD values are calculated annually for each age and take into account the increase (indexation) of future pension payments and pension contributions. At the same time, such social indicators as the minimum wage, the minimum pension, the minimum amount of the basic pension payment are used, which are indexed annually in accordance with the Law of the Republic of Kazakhstan "On the Republican Budget".
Information about the values of PMD is available on the UAPF website at the link https://www.enpf.kz/ru/services/withdrawal/withdrawal-check.php The UAPF was established on August 22, 2013 on the basis of JSC "NPF "GNPF".
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. The trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan. Since January 1, 2016, the functions of developing proposals to improve the efficiency of pension assets management have been transferred to the National Fund Management Council. In accordance with the pension legislation, the UAPF attracts mandatory pension contributions, mandatory occupational pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the depositor (recipient) with information on the status of his pension savings (more on www.enpf.kz )