"UNAF" JSC transferred 4.2 million US dollars to adult participants of the "National Fund for Children" program
06.01.2025 21:23:01 1293
As of December 1, 2024, since the first funds were credited from the National Fund of the Republic of Kazakhstan to all children in the country, the "UAPF" JSC has processed 41,799 applications for approximately 4.2 million US dollars (transferred to authorized operators for transfer to the bank accounts of applicants). Of these, 22,623 applications for improving housing conditions worth about 2.3 million US dollars, 19,176 applications for more than 1.9 million US dollars for payment of education fees were processed. Let us remind you that the recipient of the targeted savings has the right to use all or part of the amount, the unused balance of the funds remains in the targeted savings account (TSA).
The most popular secondary purposes for using funds for Housing Improvement: replenishing the contribution to housing construction savings for further savings (21,979 applications for more than 2.2 million USD were processed), purchasing housing for ownership under civil law transactions (final settlement) - 215 applications for about 21.6 thousand USD, making a down payment for obtaining a mortgage housing loan for the purchase of housing - 176 applications for about 17.7 thousand USD.
The most popular secondary purposes within the framework of Paying for education: contributing to educational services of educational organizations located in the territory of the Republic of Kazakhstan (each academic year) for a period or academic year) or pay in full at once (for the entire period of study) (1.6 million 15,885 applications were processed for about US$ 15,885), replenishment of the education savings deposit under the agreement on the education savings deposit (2,477 applications were processed for about US$ 248.6 thousand), payment for educational services of foreign educational organizations in installments (for each academic period or academic year) or in full (for the entire period of study) (702 applications were processed for more than US$ 70.4 thousand).
Detailed information on the payment of target savings for the purpose of improving housing conditions and (or) paying for education can be found on the enpf.kz website in the section of authorized operators and regions.
Recall that the "National Fund for Children" According to the program, 50% of the investment income of the National Fund of the Republic of Kazakhstan is distributed equally once a year to children who are citizens of the Republic of Kazakhstan born in 2006 and later. In February 2024, the first target requirements for all children were calculated for the UAPF based on the results of 2023. Also, target savings (TS) were calculated and payments began to be made to the target savings accounts (TSAs) of citizens who turned 18 in 2024.
You can familiarize yourself with the terms of the Program, receive the necessary instructions, and get answers to your questions on the UAPF/ENPF YouTube channel on the kids.enpf.kz website. Also, a video guide on the implementation of the "National Fund for Children" program, the algorithm of actions before and after the child reaches adulthood, can be viewed on the YouTube channel of the UAPF/EPF at the link https://www.youtube.com/watch?v=a9L8N4Q28OM .
The UAPF was established on August 22, 2013 on the basis of the "GNPF" APF" JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan through the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan. The National Bank of the Republic of Kazakhstan carries out the trust management of the UAPF pension assets. In accordance with the pension legislation, the UAPF collects mandatory pension contributions, mandatory employer pension contributions, mandatory professional pension contributions, voluntary pension contributions, as well as voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation on the guaranteed deposit transferred by the organization carrying out mandatory deposit guarantee in accordance with the Law of the Republic of Kazakhstan "On mandatory deposit guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", takes into account and accounts for it, ensures the implementation of pension payments. The Fund also carries out accounting of target assets and target claims, accounting and accrual of target savings (NS) to target savings accounts, crediting NS payments to their recipient's bank accounts, and accounting for NS returns in accordance with the procedure determined by the Government of the Republic of Kazakhstan within the framework of the "National Fund for Children" program (more details on the website www.enpf.kz).
Source : https://www.gov.kz/memleket/entities/abay/press/news/details/912934