In 2024, pensions worth more than 3.7 trillion tenge were paid to Kazakhstanis from the budget
25.01.2025 13:15:30 528
In 2024, pensions in the amount of 3 trillion 752.1 billion tenge were paid from the republican budget, of which 1 trillion 182.3 billion tenge were spent on the payment of basic pensions, and 2 trillion 569.8 billion tenge on the payment of solidarity pensions.
As of January 1, 2025, the number of pensioners was 2 million 451 thousand people.
The average amount of the total pension in December 2024 was 131,356 tenge, of which the solidarity pension was 88,819 tenge, and the basic pension was 42,537 tenge.
As previously reported, on January 1, 2025, the amount of the basic pension payment was increased by 6.5%, and the solidarity pension by 8.5%, i.e., exceeding the inflation rate by 2%.
In addition, by order of the Head of State Starting from 2023, over a period of five years, the minimum basic pension will be gradually increased annually to 70% of the minimum subsistence level, and the maximum - to 120%. For example, from January 1, 2025, the minimum amount of the basic pension was increased from 65% to 70% of the minimum subsistence level, which is 32,360 tenge, and its maximum amount was increased from 105 to 110% of the minimum subsistence level, amounting to 50,851 tenge. We remind you that from July 1, 2018, the state basic pension payment will be assigned individually to each recipient, taking into account the length of service in the pension system. At the same time, as of January 1, 1998, the period of work in the solidarity system, as well as the periods of payment of mandatory pension contributions (hereinafter referred to as the MPP), will be included in the length of service in the pension system. is added.
If a citizen has 10 years or less of service in the pension system, or none at all, the basic pension is equal to 70% of the subsistence minimum, and then its amount increases by 2% for each year exceeding 10 years. And if your service is 20 years, the basic pension is 90% of the subsistence minimum. If the length of service is 30 years or more, the maximum subsistence level is set at 110%.
If mandatory pension contributions are transferred to the Unified Accumulative Pension Fund several times during one month, the period of participation in the accumulation system is one month.
Thus, the more regularly and fully mandatory pension contributions are transferred, the higher the amount of basic pension payments upon reaching retirement age.
In turn, the amount of pension payments depending on the age of a citizen depends on the length of service as of January 1, 1998 (at least 6 months are required) and the average monthly income in the period before retirement.
Source : https://www.gov.kz/memleket/entities/enbek/press/news/details/920523