As of July 1, 2020, pension accumulations in the amount of KZT 11.8 trln were formed on the accounts of the contributors of the Unified Accumulative Pension Fund. From 01.07.2019 to 01.07.2020, the amount increased by almost KZT 1.7 trln, or by 18%.
The main amount of pension accumulations was formed at the expense of compulsory pension contributions (CPC) and amounted to KZT 11.5 trln (growth since the beginning of the year was 9%). The amount of pension accumulations on compulsory occupational pension contributions (COPC) amounted to KZT 279.8 bln (an increase of 14%), the amount of pension accumulations on voluntary pension contributions (VPC) reached KZT 2.1 bln (an increase of 7%).
The number of individual pension saving accounts in the UAPF since the beginning of the year has increased by more than 1 million units. As of January 1 of this year, the number of IPSA was 10,672,567 units, and by July 1 it reached 11.7 million (11,680,886). Thus, the growth since the beginning of the year was 9%.