Legislative amendments provide for the possibility of transferring up to 100% of pension savings formed from mandatory pension contributions and mandatory professional pension contributions to the management of an investment portfolio manager (IPM). How will this mechanism work?

Article 40 of the Social Code grants depositors the right to independently make decisions on transferring their pension savings to the management of the Pension Fund and/or keeping them under the management of the National Bank. Legislative changes providing for the expansion of depositors' investment opportunities will also come into force in September 2026. While depositors can now transfer up to 50% of their mandatory and mandatory professional savings and up to 100% of their voluntary savings to the management of the IPU, starting in the fall they will be able to transfer both voluntary pension savings and savings generated by mandatory pension contributions (OPP) and mandatory professional pension contributions (OPP) to the management of the IPU in full the volume. The depositor has the right to independently choose one or more IPAs, as well as various investment portfolios, that is, investment strategies for managing pension assets offered by IPAs, which vary in risk level, expected return and investment period. In order to transfer money to the trust management of the UIP, the depositor needs to submit an application in a specific form. You can do this in your personal account on the website. enpf.kz , an online platform invest.enpf.kz , using an electronic digital signature, or at any branch of the UAPF.

Source : https://www.gov.kz/memleket/entities/social-abay/press/news/details/1295248?lang=ru