By order of the Head of State, one of the country's most important social projects, "National Fund for Children," has been implemented since January 1, 2024.

The program aims to build initial savings for young Kazakhstanis to support their successful start in adult life. These savings can be used to improve their housing conditions and/or pursue an education, or saved for the future as retirement savings.

Every year, minor children receive funds from the National Fund in the form of targeted requirements, as well as investment income, into their UAPF accounts. Upon reaching adulthood, the accumulated requirements are transferred to the UAPF as targeted savings in their targeted savings accounts.

Based on the results of 2025, 6,918,656 Kazakhstani children received the next payment of 130.71 US dollars per child.

As a reminder, 50% of the National Fund's investment income is distributed equally annually among all children who are citizens of Kazakhstan. Information on children is obtained from the State Database of Individuals (SDB I) as of the end of December 31 of the previous year.

In addition, all minor children participating in the program receive additional investment income annually on their previously accumulated claim amounts.

For children participating in the program for the third year, the additional investment income over the past two years totaled $9.95. For children participating in the program for the second year, the additional income over the past year totaled $3.84.

As a result, the total amount of all accumulated target requirements (including the additional investment income annually accrued) for a child participating in the program:

- The third year was $370.56;

- the second year was $263.93;

- the first year was $130.71.

As a reminder, children under 18 receive annual payments from the National Fund as targeted benefits, which are recorded in their accounts opened with the Unified Accumulative Pension Fund. According to the law, the amounts accrued to children remain part of the National Fund's assets and continue to be invested. Thanks to continued investment, each child's target requirements amount increases annually through the investment income received.

Since the program's inception, the total amount of payments to all children from the National Fund has reached approximately $2.5 billion.

In 2026, 356,613 Kazakhstani citizens will turn 18 and will be eligible to use their targeted savings.

As a reminder, in the year children reach adulthood, their target requirements become target savings and are automatically credited in US dollars to their target savings accounts in the UAPF at the beginning of the year.

From the date they reach their 18^th birthday, they have the right to independently use their target savings to improve their housing conditions and/or pursue an education, or to save them for the future as retirement savings.

Accuracy and completeness of children's records

When forming a complete list of children participating in the program, the UAPF takes into account the following information obtained from the State Database of Individuals through the integration of digital systems:

• about children who were citizens of the Republic of Kazakhstan by birth;
• about children who acquired citizenship of the Republic of Kazakhstan after birth, indicating the date of acquisition of citizenship of the Republic of Kazakhstan;
• about children who have lost or renounced citizenship of the Republic of Kazakhstan;
• about deceased children, indicating the date of death or the date of entry into force of the court decision declaring them dead;
• about updating other information about children contained in the State Database of Individuals.

When determining the number of program participants by the end of 2025, children who were previously not included in the list were also taken into account, including those whose data in the State Data Bank of Individuals was incomplete or outdated. They were awarded all amounts for the missed period in full, including investment income.

Access to information                

Parents and other legal representatives can check the child's participation in the program for children under 18 using their individual identification number (IIN) on the kids.enpf.kz website, in the eGov mobile app, and in the apps of some second-tier banks.

Program participants who have reached adulthood can check the information themselves in their personal accounts on the enpf.kz website, in the ENPF mobile app, or in the eGov mobile app.

If they decide to use their savings, they must contact an authorized bank to open a US dollar bank account and submit an online application for payment. Applications can be submitted online or through the mobile app of one of the following authorized banks: Otbasy Bank JSC (for housing improvements and education payments), Halyk Bank of Kazakhstan JSC, and Bank CenterCredit JSC (for education payments).

The National Fund for Children program is a long-term strategy that promotes savings for children and future generations.

Statistics on minor children eligible for targeted benefits and adult recipients of targeted savings, as well as on the use of targeted savings for housing and/or education, can be found on the enpf.kz website.

Video commentary on the topic is available on the БЖЗҚЕНПФ YouTube channel.

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/kostanai-mendykarin-audany-akimat/press/news/details/1157271?lang=kk