Since the beginning of the year, Kazakhstanis have been paid pensions in the amount of more than 3.4 trillion tenge.

Since the beginning of the year, Kazakhstanis have been paid pensions in the amount of more than 3.4 trillion tenge.

24.12.2024 20:38:54 352

Since the beginning of the year, pensions in the amount of 3 trillion 436.4 billion tenge have been paid from the republican budget, of which 1 trillion 81.9 billion tenge has been allocated for the payment of basic pensions, and 2 trillion 354.5 billion tenge has been allocated for solidarity pensions.
As of December 1, 2024, the number of pensioners is 2 million 428 thousand people.
The average amount of the total pension as of December 1, 2024 amounted to 131,556 tenge, including the amount of the solidarity pension – 88,967 tenge, the basic pension – 42,589 tenge.
Starting from July 1, 2018, the state basic pension payment is assigned to each recipient individually, taking into account their length of service in the pension system.
At the same time, the length of service in the pension system includes the length of service worked out in the solidarity system as of January 1, 1998, as well as the periods for which mandatory pension contributions were paid (hereinafter referred to as OPV).
So, if the length of service in the pension system is 10 years or less, and in the absence of it, the amount of the basic pension is equal to 65% of the minimum subsistence level, then for each year over 10 years, its size increases by 2%. For example, if you have 20 years of experience, the basic pension will amount to 85% of the minimum subsistence level. If you have 30 years of service or more, it is set at a maximum of 105% of the minimum subsistence level.
If in one month the Single Accumulative Pension Fund has been transferred several times, the period of participation in the accumulative system is one month.
Thus, the more regularly and in full the mandatory pension contributions are paid, the greater the amount of the basic pension payment upon reaching retirement age.
In turn, the amount of pension payments by age depends on the length of service as of January 1, 1998 (requires at least 6 months) and the average monthly income received in the pre-retirement period.

Source : https://www.gov.kz/memleket/entities/enbek/press/news/details/904531