We draw the attention of contributors that after the transfer of the requested amount of pension savings from the UAPF to the special account of the authorized operator, this amount is withdrawn from the investment management and, therefore, investment income ceases to be accrued on it.
In addition, the state guarantee for their safety, taking into account the inflation rate, provided by the law, does not apply to the pension savings transferred to the special account. Also, individual income tax (IIT) is calculated and withheld from the amounts of one-time pension benefits from the UAPF according to the method chosen by the contributor and specified in his application.
To exclude the ineffective use of their savings, loss of investment income and state guarantees, as well as the premature calculation of the personal income tax, we recommend that contributors (beneficiaries) responsibly and carefully plan the use of lump-sum pension benefits and choose a home for purchase in advance. Before submitting an application, you should carefully study the list of documents required to confirm the intended use of pension savings, and ensure their timely provision to the authorized operator.
We remind you that pension savings of citizens can be kept in special accounts with an authorized operator (“Otbasy Bank” Housing Construction Savings Bank JSC) no more than 45 working days from the date of their receipt. During this period, the savings must be used for their intended purpose or returned to the UAPF to the individual pension account of the contributor.
In this regard, you have 15 more days to search for a housing option that suits you, after which, if this has not happened, the money will be returned to your pension account with the UAPF. However, if you find the housing you want, you can apply for a new early withdrawal.
2) About three years ago I got a formal job, after working there for several months, I had to quit. After that I did not have an official job and therefore did not make any contributions to the UAPF, and now I would like to know if my small savings in the Fund could "burn out"?
Your pension savings, regardless of their amount, are your property and are stored in your individual pension saving account until the retirement age, or other grounds for their payment. It is important to remember that money in individual pension saving accounts is kept in the UAPF indefinitely and does not have a specific expiration date. In addition, investment income is constantly accrued on them. It is charged weekly on funds until they are exhausted, that is, even if you retire and already start receiving benefits, investment income continues to accrue on the remaining savings.
We also note that the state guarantees the safety of compulsory pension contributions in the amount of actually contributed funds, taking into account the inflation rate at the time the beneficiary acquired the right to pension benefits (Article 5 of the Law of the Republic of Kazakhstan On Pension Provision in the Republic of Kazakhstan).
3) I can't enter the mobile application, I wanted to make changes to my details, because I want to change my phone number.
When entering the UAPF mobile application and Personal Account on the enpf.kz website, in order to ensure the security of our contributors' personal information, an SMS code is sent to the phone number that was registered in the Fund's database.
If you change the specified number, then to make changes and update personal data, you have the following methods:
1) on the website enpf.kz in the Electronic Services section select the subsection "Make changes and (or) additions to the details", enter the page using an electronic digital signature (EDS);
2) through any branch of the UAPF;
3) take advantage of the joint project of UAPF JSC and Kazpost JSC for the provision of services in more than 300 service points of the national postal operator. Addresses of post offices where you can get this service on the Fund's website https://www.enpf.kz/ru/services/kazpost/index.php
On the website enpf.kz, you can not only make changes and additions to your details, but also get a certificate of the existence of an individual pension saving account, receive an extract from the IPSA, send an appeal with a question of interest, order a mobile office visit, call back, calculate the projected the size of the future pension using the Pension Calculator. Also, through it, you can track the status of the account, find out about all changes in the pension system, see the location of the nearest UAPF office and even call the contact center.
Also, each UAPF contributor can use the website and mobile application to find out whether he has enough funds in his individual retirement account to exercise his right to use part of his pension savings for housing improvement or medical treatment, or for transferring to companies that manage investment portfolio.
4) Good day! Can I independently make compulsory pension contributions for myself??
In accordance with the current pension legislation of the Republic of Kazakhstan, compulsory pension contributions are payable by contributors, by transferring the contributor's agent (employer). At the same time, only the following individuals can pay compulsory pension contributions (CPC) in their favor by transferring to the "Government for Citizens" State Corporation" non-profit joint-stock company (formerly - SCPBP):
- individual entrepreneurs;
- private notaries;
- private bailiffs;
- lawyers;
- professional mediators;
- individuals who receive income under civil contracts;
- payers of a single aggregate payment.
Thus, if you do not belong to the above category of persons, then it is not possible to independently replenish an individual pension saving account formed at the expense of CPC.
Note that in order to receive higher pension payments in the future, you can now, in parallel with the CPC, pay voluntary pension contributions (VPC) in your favor. They can be made by both individuals in their favor, and individuals and legal entities in favor of a third party. At the same time, the amount and frequency of payment of VPC are established by an individual or legal entity independently.
One of the advantages of paying VPC is that when a VPC is paid by an individual to his own benefit from his income, tax legislation provides for a tax deduction for the amount of paid VPC. In addition, from January 1, 2021, VPCs paid by a tax agent (employer) at their own expense in favor of an employee are deducted when calculating corporate income tax. At the same time, the amounts paid by the employer to VPC in favor of the employee are not taken into account when taxing the employee's income.
In addition, investment income is accrued on VPC, as well as on CPC, which can significantly increase your savings.
Note that from May 1 of this year, the basis for opening an individual pension saving account for VPC accounting is, among other things, the first voluntary pension contribution received by the UAPF. Thus, the contributor (beneficiary) does not need to visit the office of the Fund, the identification of the individual in whose favor the VPCs are made will be carried out according to the personal data (full name, IIN, date of birth) indicated in the electronic format of the payment order when transferring the VPC, and all the necessary information: about the details of a valid identity document of an individual, about the place of permanent residence, other information will be received by the UAPF from the relevant information systems of state bodies.
VPC payment to UAPF can be made through second-tier banks (STB) or Kazpost JSC. Some STBs provide the ability to transfer contributions online (via a mobile application or self-service terminals). In addition, there is the possibility of submitting an application to the employer, on the basis of which the latter will regularly transfer the VPC to the UAPF in favor of the applicant or a third party.
In addition, if you do not have a permanent income and, accordingly, do not replenish your individual retirement account regularly, then in this case you can pay in your favor the Single Aggregate Payment (SAP), which provides for a simplified procedure for registering the activities of informal workers with the tax authorities.
It combines four compulsory payment types:
individual income tax (IIT);
social contributions to the state social insurance fund;
pension payments to the UAPF;
contributions to the Fund of compulsory social and medical insurance.
SAP amount:
• 1 MCI - for individuals living in the capital, cities of republican significance and regional significance (2,917 tenge in 2021);
0.5 MCI - for individuals living in other settlements (1,458.5 tenge in 2021).
5) Can I pay this month for the past and how to do it?
SAP is payable in total. SAP payment is made by depositing SAP by the payer in cash or by bank transfer through banks and organizations carrying out certain types of banking operations to the bank account of the State Corporation, taking into account the requirements of the Law of the Republic of Kazakhstan On Payments and Payment Systems.
Payers pay SAP on their own or by a third party in their favor, indicating the month of the calendar year for which SAP is paid in the "MMYYYY" format.
At the same time, SAP can be paid for the current and subsequent months of the calendar year. SAP cannot be paid for the past months.
SAP amount:
• 1 MCI - for individuals living in the capital, cities of republican significance and regional significance (2,917 tenge in 2021);
0.5 MCI - for individuals living in other settlements (1,458.5 tenge in 2021).
SAP combines four compulsory payment types:
• compulsory pension contributions to the UAPF (30% of the total SAP);
• individual income tax (10% of the total SAP amount);
• social contributions to the State Social Insurance Fund (20% of SAP);
• contributions to the Social Health Insurance Fund (40% from SAP).