Pension savings of UAPF JSC since the beginning of this year have increased by 1.4 trillion tenge or 13%. Thus, as of September 1, 2020, the total amount of pension savings exceeded 12.2 trillion tenge.
The main amount of pension savings was formed at the expense of mandatory pension contributions (OPV) and amounted to 11.9 trillion tenge, or 97.6% of the total amount of savings. The amount of pension savings on compulsory professional pension contributions (CPPV) amounted to 294 billion tenge (2.4%), the amount of pension savings on voluntary pension contributions (VSP) exceeded 2 billion tenge (0.02%).
Since the beginning of 2020, pension contributions in the total amount of 685.6 billion tenge have been received on depositors' accounts, which exceeded the figure for 8 months of the previous year by 8%.
Payments since the beginning of the year amounted to 117.5 billion tenge, most of which accounted for payments by age (39.5 billion tenge), for leaving for permanent residence outside the Republic of Kazakhstan (23.3 billion tenge), transfers to insurance organizations (31.5 billion tenge), heirs (19.8 billion tenge), for burial (2.4 billion tenge).
Since the beginning of 2020, as of September 1, more than 871.9 billion tenge of net investment income was credited to the accounts of the UAPF contributors, which is 443.1 billion tenge more compared to the same period last year. Recall that for 8 months of 2019, net investment income amounted to 428.8 billion tenge.
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 )