As of August 1, 2020, pension savings in the amount of 12.1 trillion tenge were formed on the accounts of the depositors of the Unified Accumulative Pension Fund. For the year from 01.08.2019 to 01.08.2020, the amount increased by almost 1.9 trillion tenge, or 19%.
The main amount of pension savings was formed at the expense of mandatory pension contributions (OPV) and amounted to 11.8 trillion tenge (growth since the beginning of the year was 12%). The amount of pension savings on compulsory professional pension contributions (CPPV) amounted to 287.8 billion tenge (an increase of 17%), the amount of pension savings on voluntary pension contributions (VAP) reached 2.1 billion tenge (an increase of 9%).
The number of individual pension accounts in the UAPF as of August 1, 2020 compared to the same period in 2019 increased by more than 1.2 million units. As of 01.08.2019, the number of IPS was 10.5 million units (10 517 212), and by 01.08.2020 it exceeded 11.7 million (11 706 287). Thus, the growth in one year was 11%.
The largest number of accounts were opened for mandatory pension contributions (OPV) - there are more than 11 million of them, to be exact 11,132,300 (10% growth since the beginning of the year). Next are the accounts formed at the expense of compulsory professional pension contributions (CPPV) - 518,294 (2% growth), the number of voluntary pension contributions (VSP) is gradually growing, such accounts in the UAPF are now 55,693 (2% growth).
Since the beginning of 2020, pension contributions in the total amount of 604.3 billion tenge have been received on depositors' accounts, which exceeded the indicators for the first 7 months of 2019 by 55.1 billion or 10%. Of the total amount of contributions, 95.4% are receipts to the UAPF on OPV - 576 billion tenge, 27.5 billion tenge was received on OPPV, 256 million tenge was transferred on DPV.
Payments amounted to 98.2 billion tenge, most of which, namely 36%, accounted for payments by age (34.9 billion tenge), transfers to insurance organizations (24.3 billion tenge), for leaving for permanent residence outside the Republic of Kazakhstan (19 , 9 billion tenge), heirs (16.4 billion tenge), for burial (1.8 billion tenge), disability payments (0.9 billion tenge).
Since the beginning of 2020, as of August 1, more than 752.98 billion tenge of net investment income was credited to the accounts of the UAPF contributors, which is 389.77 billion tenge more compared to the same period last year.
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 Institution "Committee for State Property and Privatization" 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. From January 1, 2016, the functions of developing proposals to improve the efficiency of pension assets management were transferred to the Council for the Management of the National Fund. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, compulsory professional pension contributions, voluntary pension contributions, pension payments, individual accounting of pension savings and payments, provides the contributor (recipient) with information on the state of his pension savings (for more details see www.enpf.kz )