We invite you to the open day at the "UAPF" JSC: pension payment - the result of pension savings
10.04.2025 16:48:39 1030
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 at 10:00 am.
https://enpf.webex.com/weblink/register/r08319bc1a5c72ce0659ee6c0174ab257.
Event meeting number: 2517 712 5981.
Event meeting password: 2025.
Please follow the link at 12:00 am.
https://enpf.webex.com/weblink/register/r42f4c6c96eb48f788bf959ba520377e4.
Event meeting number: 2514 991 1227.
Event meeting password: 2025.
Please follow the link at 14:00 am.
https://enpf.webex.com/weblink/register/r44d4bfb181f8407efbd52cdb5071dcb0
Event meeting number: 2517 055 6014.
Event meeting password: 2025.
UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz)
Source : https://www.gov.kz/memleket/entities/abay/press/news/details/950474