The volume of pension savings of Kazakhstanis as of 01.07.2025 exceeded KZT24 trillion, showing growth over the year by more than KZT4 trillion or 20.9%.

Pension savings due to compulsory pension contributions (CPC) as of July 1, 2025 reached KZT22.85 trillion, having increased by 18.7% over 12 months.

The amount of pension savings due to compulsory occupational pension contributions (COPC) amounted to KZT683.10 billion, having increased by 10.2% over 12 months.

The most significant annual increase was demonstrated by savings on voluntary pension contributions (VPC), having increased by 35% over 12 months and amounted to KZT8.73 billion.

As of July 1, 2025, the amount of pension savings from employer’s compulsory pension contributions (ECPC), received from January 1, 2024, into the pension accounts of contributors (beneficiaries), amounted to KZT463.98 billion.

Incomes

The growth of savings is provided by the receipt of pension contributions, as well as investment income. Since the beginning of the year, KZT1,575.45 billion of contributions have been received into individual and conditional pension accounts of depositors, which is 19.8% (or KZT260.05 billion) more than the same period last year.

Since the beginning of the year as of 01.07.2025, KZT1,294.56 billion have been received into individual pension savings accounts (IPSA) for CPC accounting (compared to the same period last year, the CPC volume increased by 11.7%), COPC - KZT67.87 billion (an increase of 19.8%), VPC - KZT1.38 billion. Contributions from ECPC for the first 6 months of 2025 amounted to KZT211.65 billion.

Net investment income credited to contributors' accounts since the beginning of the year amounted to approximately KZT350.7 billion, offsetting the temporary decline in income in previous months. 

Benefits and transfers

Payments for all types of contributions and transfers to insurance organizations from the UAPF for 6 months of 2025 amounted to KZT782.87 billion, which exceeds the volume of payments of last year by KZT325.24 billion (or 71.1%).

Most of the payments are lump-sum pension benefit payments (LPP) for improving housing conditions and medical treatment - KZT451.58 billion.

Age-related benefit payments for 6 months amounted to KZT118.79 billion.

From the beginning of the year to 01.07.2025, inheritance payments were also made - KZT34.58 billion, payments in connection with leaving for permanent residence outside the Republic of Kazakhstan - KZT19.18 billion, funeral payments - KZT5.36 billion, payments to persons with disabilities - KZT1.58 billion. An amount of KZT151.78 billion was transferred to insurance organizations

All up-to-date information on statistical data on pension assets is posted on the website enpf.kz in the section "Statistics and Analytics".

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/1041697?lang=kk