Pursuant to the current law, the retirement age for men is 63 years old and for women it is 61 years old. From 2023 to 2028, the "retirement" age of women will not change and will be 61 years. The maximum retirement age is 63 years, will be effective from 2031.
However, some Kazakhstani citizens can become pensioners earlier.
In the material, we will describe the underlying conditions.
At the moment, women are retiring at the age of 61. From 2023 to 2028, the "retirement" age of women will not change and will be 61 years. The maximum retirement age is 63 years, will be effective from 2031.
Service can be obtained on e-Gov Portal: Assignment of retirement pension payments by age
At the same time, the increase in the retirement age did not affect women who are entitled to early retirement benefits:
- women who gave birth (adopted, adopted) 5 or more children and raised them up to the age of 8 - at 53.
Women also have the benefit of crediting to the length of service for the appointment of a pension for the time of care of a non-working mother for young children, but no more than until each child reaches the age of 3 years, within 12 years in total.
There is also a set-off in the experience of participation in the pension system of certain socially significant periods, such as the time of caring for a disabled child under the age of 18, the time of caring for a disabled person of the first group, a single disabled person of the second group and an elderly pensioner in need of outside help, as well as for the elderly who have reached the age of eighty, the periods of residence of spouses of military personnel (except conscripts), employees of special state bodies with their spouses in areas where there was no possibility of their employment in the specialty, the periods of residence abroad of the spouse of employees of former Soviet institutions, institutions of the Republic of Kazakhstan and international organizations, but not more than 10 years in total and others.
UAPF depositors who have issued a pension annuity can retire 8 years earlier.
To do this, a person must conclude a contract with an insurance company providing such a service.
After that, the pension fund transfers all savings to the company, and it pays the pension insurance payment to the client for life.
In order to conclude a contract with an insurance company and retire early, you need to accumulate a sufficient amount of money, which varies depending on the gender and age of the depositor.
From 2023, men aged 55 years can purchase an annuity, and women aged 53 years.
For example, among the agreements with an insurance company there may be a clause according to which, after the death of a pensioner, pension insurance payments are still received by his heirs for some time.
Persons who have been working in harmful production for at least 5 years can also conclude a pension annuity agreement. The age of men and women is 50 years. That is, for them, the employer was obliged to deduct mandatory occupational pension contributions for at least 5 years. At the same time, the younger the applicant for early retirement, the more the amount accumulated in the UAPF should be. Payments from insurance companies are indexed by 7% annually.
You can apply for payments through e-government portal