As of October 1, 2025, Kazakhstani pension savings exceeded 25.73 trillion tenge, representing a 12-month increase of 4.56 trillion tenge, or 21.5%.

Pension savings from compulsory pension contributions (CPC) totaled 24.40 trillion tenge as of October 1, 2025, representing a 19.8% increase over the 12 months. Pension savings from compulsory occupational pension contributions (COPC) totaled 726.94 billion tenge (a 12-month increase of 15.6%). The largest increase over the past 12 months (32.8%) was demonstrated by savings from voluntary pension contributions (VPC), amounting to 9.47 billion tenge.

As of October 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 596.18 billion tenge.

Receipts

The increase in savings is driven by pension contributions and investment income.

Pension contributions to contributors' accounts for the first nine months of 2025 totaled 2.37 trillion tenge (an increase of 17.8%, or 356.75 billion tenge, compared to the same period last year).

Individual pension savings accounts (IPSAs) registered with the CPC account have received 1,937.66 billion tenge since the beginning of the year as of October 1, 2025 (an increase of 9.97% compared to the same period last year), COPC accounts have received 100.69 billion tenge (an increase of 19.1%), and VPC accounts have received 1.82 billion tenge. Contributions from the ECPC account for the first nine months of 2025 totaled 326.02 billion tenge.

Benefits and transfers

Benefit payments for all types of contributions and transfers to insurance companies from the UAPF for the first nine months of 2025 totaled 1,368.27 billion tenge, exceeding the previous year's payment volume by 1.6 times, or 508.31 billion tenge.

The majority of these payments consist of lump sum pension benefit payments (LSPBPs) for housing improvements and medical treatment – ​​823.82 billion tenge.

Old-age benefits as of October 1, 2025, increased by 23.43% over the 12 months to 181.81 billion tenge. The average scheduled monthly payment from the UAPF upon reaching retirement age was 35,691 tenge.

From the beginning of the year to October 1, 2025, inheritance payments totaling 50.49 billion tenge, payments related to leaving Kazakhstan for permanent residence totaling 32.60 billion tenge, payments to persons with disabilities totaling 2.33 billion tenge, and funeral payments totaling 8.03 billion tenge were also made. A total of 269.19 billion tenge was transferred to insurance companies.

Number of individual pension savings accounts (IPSA)

The total number of pension accounts in the UAPF as of October 1, 2025, was 17.97 million (an increase of 1.17 million or 7.0% over the 12 months). The number of IPSA contributors (beneficiaries) in the UAPF as of October 1, 2025, was 12.66 million, including 11.25 million under CPC, 752,270 under COPC, and 460,130 under VPC. It should be noted that, in accordance with international practice, an IPSA is considered active if a contribution has been received into it at least once during the year. In the first nine months of 2025, CPC contributions were received by 6.91 million individual pension savings accounts (IPSAs), representing 68.8% of the 10.04 million IPS accounts that could have received these contributions. This figure includes accounts opened before January 1, 2025, as well as new accounts opened during the reporting period. This figure excludes accounts of beneficiaries who have permanently resided outside the country but did not apply for their savings, deceased depositors whose heirs have not formalized the inheritance of their pension savings, military personnel transferred to full state pension provision since 2017, and other categories of contributors (beneficiaries) whose accounts are not supposed to receive contributions under Kazakhstani law.

The number of notional pension accounts in the UAPF, which record information on received ECPC contributions in accordance with the legislation of the Republic of Kazakhstan, amounted to 5.32 million.

All current information on pension asset statistics is available on the enpf.kz website in the "Statistics and Analytics" section.

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/vko-altai/press/news/details/1094441?lang=kk