As already reported, the UAPF annually, together with the State Corporation "Government for Citizens" (State Corporation), conducts a reconciliation to identify persons who have reached retirement age and have pension savings in the UAPF, while receiving pension benefits by age at the expense of budgetary funds, but not applied for benefit to the UAPF.

The State Corporation sends SMS messages to the specified category of persons, where it proposes in a proactive format to agree to receive benefits from pension savings. Recall that about 8 thousand citizens have already begun to receive benefits from the UAPF in a proactive format.

Work to identify those who did not apply for pension benefits to the UAPF continues. UAPF sent to beneficiaries who had not previously applied to UAPF, if the relevant information is available, SMS messages or notifications to an email address.

The UAPF reminds that, according to the Law of the Republic of Kazakhstan On Pension Provision in the Republic of Kazakhstan, persons who have reached retirement age and have pension savings in the UAPF are entitled to receive pension benefits from the UAPF. In this connection, it recommends that you timely apply to the divisions of the State Corporation at the place of residence for the appointment of pension benefits from the UAPF in connection with the achievement of retirement age. We note that pension benefits from the UAPF are assigned from the date of application and are paid until the pension savings are exhausted.

Detailed information can be obtained by calling the toll-free number 1418 or at the UAPF offices.

The UAPF was established on August 22, 2013 on the basis of GNPF APF JSC. The UAPF founder and shareholder 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. UAPF pension assets are managed by the National Bank of the Republic of Kazakhstan. From January 1, 2016, the functions for developing proposals to improve the management of pension assets were transferred to the National Fund Management Council. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, pension benefits, individual accounting of pension accumulations and benefits, provides the contributor (beneficiary) with information on the status of his pension accumulations (for more information visit www.enpf.kz)