As of May 1, 2023 on individual accounts of depositors (recipients) The Unified accumulative Pension Fund has formed pension savings in the amount of 15.68 trillion tenge. Since the beginning of the year, their increase as of 01.05.2023 amounted to 1 trillion tenge (6.9%). Compared to the same date last year, the volume of pension savings increased by 2.74 trillion tenge (or 21.1%).
The increase is formed taking into account incoming flows in the form of contributions and investment income, as well as outgoing - in the form of pension payments, including on schedule and lump-sum - for housing and treatment, for inheritance, burial, permanent residence, etc.
The amount of pension contributions for 4 months of 2023 amounted to 663.42 billion tenge, which is 27% or 139.88 billion tenge higher than last year. It should be noted that the increase compared to the same period last year occurred for all types of contributions: according to OPV – 27%, OPV – 24%, DPV – 73%.
96.9% of the savings of Kazakhstanis are formed at the expense of mandatory pension contributions (OPV). As of 01.05.2023, the volume of OPV amounted to 15.18 trillion tenge (an increase of 20.9% over the year, 6.8% since the beginning of the year). The amount of pension savings on mandatory professional pension contributions (OPP) amounted to 487.84 billion tenge, having increased by 29.3% since May 1 last year, and by 9.5% since the beginning of this year. The maximum increase of more than 2 times over the year was demonstrated by accumulations on voluntary pension contributions (DPV), the volume of which amounted to 4.12 billion tenge.
Net investment income accrued to individual pension accounts of UAPF depositors since the beginning of the year amounted to about 469.04 billion tenge. In general, the net investment income provided by the National Bank since 2014 (the end of the process of combining all pension assets into the UAPF) amounted to 7.4 trillion tenge.
The share of accumulated net income in the structure of pension savings, taking into account the payments made, amounted to 36.4% as of 01.05.2023.
The number of individual pension accounts in the UAPF as of May 1, 2023 amounted to 12.16 million units, including about 11 million for OPV, 610.5 thousand for OPV, 370.6 thousand for DPV.
Since the beginning of the year, the UAPF has paid about 134.7 billion tenge. Payments by age as of 01.05.23 increased by 31% compared to the same period last year and amounted to 48.6 billion tenge (the share in the total amount of payments – 36.08%), lump–sum pension payments for housing improvement and treatment – 48.7 billion tenge (the share in the total amount of payments – 36%) - this is 17 times less than in the same period last year. Also, since the beginning of the year, inheritance payments have been made - 16.74 billion tenge, payments in connection with permanent residence outside the Republic of Kazakhstan – 11.93 billion tenge, disability payments – 903.5 million tenge, burial payments – 1.8 billion tenge. About 6 billion tenge has been transferred to insurance organizations.
The amount of the average monthly payment according to the schedule from the UAPF (due to reaching retirement age) it amounted to 32,090 tenge, and the maximum monthly payment amount was 742,692 tenge. Recall that for the same period last year, the average amount of monthly payment according to the schedule from the UAPF was 29 360 tenge, and the maximum amount of monthly payment was 707 326 tenge.
All up-to-date information on statistical data on pension assets, including by regions of the republic, is available on the enpf website.kz in the "Indicators" section.
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 )