The volume of pension savings of Kazakhstanis exceeded 26.36 trillion tenge
27.02.2026 17:17:24 303
The volume of pension savings of Kazakhstanis as of February 1, 2026, exceeded 26.36 trillion tenge, representing a 12-month increase of 3.74 trillion tenge, or 16.5%.
Pension savings from compulsory pension contributions (CPCs) as of February 1, 2026, amounted to KZT 24.81 trln, an increase of 14.4% over the 12 months.
The amount of pension savings from compulsory occupational pension contributions (COPCs) amounted to KZT 736.07 bln, an increase of 13.2% over the 12 months.
Voluntary pension contributions (VPCs) showed the largest annual increase, up 23.6%, reaching KZT 9.89 bln as of February 1, 2026.
As of February 1, 2026, 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 KZT 807.75 bln.
Receipts
The increase in savings is driven by pension contributions and investment income. In January 2026, KZT 264.65 bln in contributions were received into individual and notional pension savings accounts, representing a 13.0% (or KZT 30.41 bln) increase compared to the same period last year.
As of February 1, 2026, KZT 211.73 bln were received into individual pension savings accounts (IPSAs) for the purpose of recording the compulsory pension contribution (CPC) since the beginning of 2026 (an increase of 5.7% compared to the same period last year), KZT 14.00 bln were received as COPC (an increase of 15.0%), and KZT 185 mln were received as VPC. ECPC for the year totaled KZT 38.74 bln.
Pension benefits and transfers
Benefits for all types of contributions and transfers to insurance companies from the UAPF for January 2026 reached KZT 124.27 bln.
From the beginning of the year to February 1, 2026, the volume of old-age benefits amounted to KZT 17.30 bln. The average monthly benefit scheduled from the UAPF upon reaching retirement age was 38,312 tenge.
Lump-sum pension benefit payments (LSPBP) for housing improvements and medical treatment for January 2026 amounted to KZT 47.88 bln, inheritance payments amounted to KZT 17.80 bln, benefit payments related to departure for permanent residence outside the Republic of Kazakhstan amounted to KZT 3.09 bln, payments to persons with disabilities amounted to KZT 352.91 mln, and funeral payments amounted to KZT 866.12 mln. A sum of KZT 36.99 bln was transferred to insurance organizations.
Number of IPSAs
The total number of pension accounts in the UAPF as of February 1, 2026, was 18.28 million (an increase of 1.04 million or 6.0% over the 12 months). The number of individual pension savings accounts of contributors (beneficiaries) in the UAPF as of February 1, 2026, was 12.73 million, of which 11.30 million were of CPC), 766.40 thousand were of COPC, and 469.08 thousand were of VPC. It should be noted that the total number of CPC accounts (11.30 million units) also includes accounts of beneficiaries who have permanently resided outside the country but have not applied for their savings, deceased contributors whose heirs have not formalized the inheritance of their pension savings, military personnel who transferred to full state pension provision in 2017, and other categories of contributors (beneficiaries) whose accounts should not receive contributions under Kazakhstani law.
The number of notional pension accounts in the UAPF recording information on received employer’s compulsory pension contributions totaled 5.55 million units.
All up-to-date statistical data on pension assets 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/abay-kokpekti/press/news/details/1171616?lang=kk