ANNOUNCEMENT
We invite you to an Open Doors Day at UAPF JSC:
Pension benefits – the result of pension savings
As part of outreach work among the population, on March 13, 2025, UAPF JSC will hold an Open Doors Day on the topic “What benefits can be received from the UAPF and how to calculate your future pension?”
Pension benefits are the result of pension savings and the result of labor activity of citizens. Pension provision of Kazakhstanis at the present stage is carried out from two sources. These are benefit payments from the state budget (basic and solidarity pensions), pension benefits from the Unified Accumulative Pension Fund at the expense of individual compulsory pension contributions (CPC) of the employee and, in certain cases, compulsory occupational pension contributions (COPC) for workers employed in hazardous production, mandatory employer compulsory pension contributions (ECPC) for workers born in 1975 and later, as well as voluntary pension savings of citizens (VPC).
At an online meeting on an open day organized by the UAPF, we will talk about pension benefits from the UAPF, where Fund specialists will talk about their types: in connection with reaching retirement age; establishing disability of the first and second groups, if the disability is established indefinitely; the death of the CPC contributor, an individual for whom the COPC, VPC, or the beneficiary of pension benefits are transferred; moving to a permanent place of residence outside of Kazakhstan; persons who have reached the age of 55, for whom the COPC has been paid in total for at least 84 months at the time of applying for a pension benefit; citizens of the EAEU member states. It will also be explained how the amount of pension benefits is calculated, what is the procedure for receiving lump-sum and monthly benefits, what requirements exist for retirement and the factors affecting its size, what options are available for receiving payments from pension savings formed in the funded system, how you can develop a personal pension savings plan, etc. Particular attention will be paid to explaining the concept of the “income replacement ratio,” which determines what portion of the contributor’s earnings will be received as a pension.
During the event, UAPF employees will explain the payment mechanism in an accessible and understandable form using practical examples, answer questions of interest and provide consultations.
We invite everyone, as well as media representatives, to the online meeting. We hope that the information received will be useful for journalists to understand and cover the topic of pension benefits, as well as for all participants of the meeting.
Registration is required to participate in the event.
Please follow the link (https://enpf.webex.com/enpf/j.php?MTID=m72f4187cf5526b3386e3710778fa008a).
Event meeting number: (2516 687 5312)
Event meeting password: (0000)