UAPF transferred more than 8 million US dollars to adult participants of the National Fund for Children program
As of March 1, 2025, since February 1, 2024, 75,329 applications worth more than USD 8 million have been executed (transferred to authorized operators for crediting to applicants' bank accounts). Of these, 43,781 applications worth more than USD 4.65 million have been executed for the purpose of improving housing conditions, and 31,548 applications worth about USD 3.35 million have been executed for paying for education. Let us remind you that the recipient of target savings (TS) has the right to use the entire amount or part of it, the remainder of the unused amount remains in the target savings account (TSA).
The most popular sub-goals for using funds for housing improvement were: replenishment of a contribution to housing construction savings for further accumulation (42,622 applications were completed for a total of over 4.53 million US dollars), making a down payment to obtain a mortgage loan for the purchase of housing - 362 applications for a total of over 37.44 thousand US dollars, acquisition of housing in ownership through civil law transactions (final settlement) - 325 applications for a total of over 32.81 thousand US dollars.
The most popular sub-goals in terms of paying for education were: payment for educational services of educational organizations located in the Republic of Kazakhstan, in installments (for each academic period or academic year) or in full at one time (for the entire period of study) (27,020 applications were completed for a total of over 2.88 million US dollars), replenishment of an educational savings deposit under an agreement on an educational savings deposit (3,421 applications were completed for a total of over 354.24 thousand US dollars), payment for educational services of foreign educational organizations in installments (for each academic period or academic year) or in full at one time (for the entire period of study) (971 applications were completed for a total of over 99.78 thousand US dollars).
Detailed information on payments of targeted savings for the purpose of improving housing conditions and (or) paying for education by authorized operators and regions can be found on the website enpf.kz.
We remind you that according to the National Fund for Children program, 50% of the investment income of the National Fund of the Republic of Kazakhstan is distributed once a year among children who are citizens of the Republic of Kazakhstan who were born in 2006 and later. For 2023, all recipients of the TS were credited with 100.52 US dollars, for 2024 - 129.38 US dollars. Children who received the first funds from the National Fund in 2023, with the exception of persons born in 2006, were credited with investment income in the amount of 3.04 US dollars this year. As a result, the target savings of a child born in 2006 amount to 100.52 US dollars, and those born in 2007 - 232.94 US dollars.
Adult citizens must independently obtain information about their TS through their personal account on the Internet resources of the UAPF or e-government, and then contact the authorized operator to open a bank account in US dollars and submit an online application for payment of TS to improve housing conditions and (or) pay for education.
You can familiarize yourself with the terms of the program, get instructions, and answers to your questions on the website kids.enpf.kz and on the БЖЗҚ ЕНПФYouTube channel. We also note that a video instruction on the implementation of the National Fund for Children program, the algorithm of actions before and after the child reaches adulthood is posted on the БЖЗҚ ЕНПФ YouTube channel at the link: https://www.youtube.com/watch?v=HHQNAxfskX8.