INFORMATION MESSAGE: Our compatriots who have reached the age of majority or will turn 18 in 2025 can independently check their funds under the "National Fund - Children" program

INFORMATION MESSAGE: Our compatriots who have reached the age of majority or will turn 18 in 2025 can independently check their funds under the "National Fund - Children" program

15.04.2025 18:50:50 253

50% of the foreign currency part of the investment income of the National Fund is distributed equally to children born in 2006 and after, who are considered to be citizens of the country, and the "National Fund for Children" program is being implemented for the second year. Target savings accounts (SCAs) of young Kazakhstani people born in 2006-2007 and turning 18 years old in 2024-2025 were calculated in target savings accounts (SCAs) opened in "BZZK" JSC (hereinafter - Fund, BZZK). They can use these funds to improve housing conditions and (or) pay for education.

The Fund receives frequent requests from the legal representatives of the Program participants regarding the lack of information on the social security calculated for their children born in 2006-2007 on the Internet resources of the electronic government (EGOV Mobile website and mobile application), citizens who have reached the age of majority or will turn 18 in 2025 can submit their social security information to the Fund or warns that it should be received independently through a personal account on the Internet resource of the e-government. In this way, the CSIRO guarantees the confidentiality of information related to the recipients of the NR, including data on the waste and movement of the target collections, in accordance with Kazakhstan legislation.  

Procedures for social security payment and their use for the purpose of improving housing conditions and/or paying for education:

- in the rules of Formation and recording of target requirements, target savings and target savings payments, as well as recording target requirements in the account, approved by Resolution No. 16 of the Government of the Republic of Kazakhstan dated January 18, 2024;

- of the Minister of Industry and Construction of the Republic of Kazakhstan In the rules for the use of targeted savings payments from the Unified Accumulating Pension Fund for the purpose of improving housing conditions in accordance with the legislation of the Republic of Kazakhstan, approved by Order No. 76 of February 26, 2024;

- Unified Accumulating Pension for the purpose of payment of education fees in accordance with the legislation of the Republic of Kazakhstan, approved by the joint order of the Minister of Science and Higher Education of the Republic of Kazakhstan No. 51 of February 7, 2024 and the Minister of Education of the Republic of Kazakhstan dated February 12, 2024 provided in the rules for the use of targeted savings payments from the Fund.

The step-by-step algorithm for using the NB is as follows:

  • A NB recipient who has turned 18 years old can independently check the amount of his NB on the Internet resources of the National Insurance Fund or electronic government, as well as by applying to the Department of the National Insurance Fund.

In addition, in 2023, all recipients of the National Insurance Fund will receive 100.52 USD dollars, in 2024 - 129.38 US dollars was calculated. With the exception of citizens born in 2006, children whose first funds were allocated from the National Fund in 2023 received an investment income of US$3.04 this year. As a result, if the target collection of a child born in 2006 is equal to 100.52 US dollars, a child born in 2007 has collected 232.94 US dollars in the RU. opens an account, submits an online application for the payment of a bank account.

  • U.S. within 2 working days after the payment application is reviewed and approved sends an e-mail message to the Bank of Ukraine about the registration of the application for payment.
  • The Bank within 5 business days from the date of receipt of the electronic message from the Bank by the Bank, the Bank transfers to the Bank the amount of the bank account payment specified in the application to the Bank in US dollars in the name of the recipient of the bank account transfers to his account for further calculation or informs that he will refuse the transfer, indicating the reason.
  • The beneficiary or his legal representative, within 45 working days from the date of receipt of the amount of the loan to the bank account, submits documents to the UO confirming the intended use of the payments of the loan.
  • The UO checks them within 10 working days from the date of submission of the documents by the recipient of the loan, and the payments of the loan will transfer according to their target purpose.
  • If the recipient of the NB (or his legal representative) does not submit the documents within 45 working days, the amount of the payment of the NB in ​​the NB will be returned to the PBZ. If the citizen does not use the funds due to him during this period, this amount is transferred to a personal pension account that takes into account voluntary pension contributions (VZZ), which is automatically opened in the name of the recipient in the National Pension Fund. Funds are calculated in tenge according to the official exchange rate of the National Bank of the Republic of Kazakhstan on the day of the transfer. The conditions and procedures for using voluntary pension savings are provided for in the pension legislation of the Republic of Kazakhstan.

    You can familiarize yourself with the conditions of the program, the necessary instructions on the website kids.enpf.kz and on the YouTube channel of ENPF/ENPF and get answers to your questions. 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 National Fund for Children under the link https://www.youtube.com/watch?v=a9L8N4Q28OM

    It was established on the basis of JSC "ZZK". The founder and shareholder of BZZK is the Government of the Republic of Kazakhstan through the MM "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 trust management of the pension assets of the Pension Fund. In accordance with the pension legislation, the State Pension Fund takes into account mandatory pension contributions, employer's mandatory 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 a guaranteed deposit transferred by an organization that provides a mandatory guarantee of deposits in accordance with the Law of the Republic of Kazakhstan "On providing mandatory guarantees for deposits placed in second-tier banks of the Republic of Kazakhstan", and maintains its account, ensures the implementation of pension payments does. The Fund also records target assets and target claims, records and calculates target savings (NT) to target savings accounts, calculates NT payments to their recipient's bank accounts, records NT 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 www.enpf.kz on the site).

    Source : https://www.gov.kz/memleket/entities/turkestan-tolebi-audany/press/news/details/974043?lang=kk