On September 24, 2025, as part of the information and explanatory work among the population, an Open Day was held in all branches of UAPF JSC in an online format. 

As you know, the new Tax Code of the Republic of Kazakhstan comes into force on January 01, 2026, which provides for the exemption of income in the form of pension payments, one-time pension payments for housing/medical treatment (EPO) from the UAPF from individual income tax (IIT), with the exception of pension payments from the UAPF made to non-residents of the Republic of Kazakhstan.     

The changes also include the abolition, from January 1, 2026, of tax deductions for voluntary pension contributions made in one's own favor, which are applied in the amounts established by the Tax Code to income subject to withholding tax. At the same time, the rule will remain that voluntary pension contributions transferred by a tax agent to the UAPF in favor of an employee are not an individual's income (respectively, they are not subject to personal income tax), and for an employer such expenses are deductible when calculating corporate income tax. That is, in this case, both the employee and the employer receive tax benefits.

During the meeting, the Fund's specialists provided the participants with more detailed information about the main provisions of the new Tax Code of the Republic of Kazakhstan regarding pension payments, as well as introduced the UAPF services provided in digital format.

          In addition, the UAPF staff held individual consultations with those who wished, during which questions were raised not only on the given topic, but also related to the pension system of Kazakhstan as a whole.

     The online meeting aroused great interest and, according to the feedback from the participants, was useful and productive. 

           We remind you that depositors can always get advice on pension system issues both at UAPF branches and online: on the website enpf.kz , in messengers and social networks. How to do this was also discussed at the event. 

The UAPF was established on August 22, 2013 on the basis of JSC NPF GNPF. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan. The trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan. In accordance with pension legislation, the UAPF attracts mandatory pension contributions, mandatory employer pension contributions, mandatory occupational pension contributions, voluntary pension contributions, as well as crediting and accounting for voluntary pension contributions formed from the unclaimed amount of guaranteed compensation for a guaranteed deposit transferred by an organization providing mandatory deposit guarantee in accordance with the Law of the Republic of Kazakhstan. "On mandatory deposit guarantee, placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension payments. The Fund also records target assets and target requirements, records and transfers target savings (TS) to target savings accounts, payments of TS to their recipient to bank accounts, and records returns of TS in accordance with the procedure established by the Government of the Republic of Kazakhstan under the National Fund for Children program. (For more information on www.enpf.kz ).

Source : https://www.gov.kz/memleket/entities/abay-kurchatov/press/news/details/1077563?lang=kk