As of June 1, 2022, pension savings in the amount of KZT12.8 trillion were formed on the accounts of contributors of the Unified Accumulative Pension Fund.

The main amount of pension savings was formed at the expense of compulsory pension contributions (CPC) and amounted to KZT12.4 trillion. The amount of pension savings on compulsory occupational pension contributions (COPC) amounted to KZT374.5 billion, the amount of pension savings on voluntary pension contributions (VPC) amounted to about KZT2.6 billion.

Incoming flows, in particular, contributions this year continue to increase. For five months of 2022, pension contributions in the total amount of about KZT661.9 billion were received on the accounts of contributors, which exceeded the figure for the same period in 2021 by 29% or KZT147.2 billion. It should be noted that the growth occurred in all types of contributions. Of the total contributions, 95.1% are receipts to the UAPF from the CPC - KZT629.3 billion (an increase of 28% over the past 12 months), KZT31.4 billion were received from the COPC (an increase of 37%), KZT1.2 billion (an increase of 402%) was transferred as VPC.

The number of individual pension saving accounts in the UAPF as of June 1, 2022 also increased over the year and amounted to 11.9 million units (an increase of 2.7%). The largest number of accounts opened for compulsory pension contributions (CPC) - 10,872,201 units. The number of accounts formed at the expense of the COPC increased over the year by 8.8% and amounted to 569,957 units. It should be noted that a significant increase in VPC is due to the fact that unclaimed amounts of guarantee compensation for depositors were transferred from the Kazakhstan Deposit Guarantee Fund (KDGF) to UAPF for crediting to individual pension accounts (IPA) to account for voluntary pension contributions (VPC).

Since the beginning of the year, UAPF has paid KZT947.5 billion. Most of the payments were lump-sum pension benefits (LSPB) for the improvement of housing conditions and medical treatment - KZT840.6 billion. Old age pension benefits amounted to KZT42.4 billion, inheritance payments - KZT28.6 billion, pension benefit payments in connection with leaving for permanent residence outside the Republic of Kazakhstan - KZT20.9 billion, about KZT11.7 billion were transferred to insurance organizations, payments for burial - KZT2.3 billion and disability benefit payments - KZT1.0 billion.

It should be noted that the amount of the average monthly benefit according to the schedule from the UAPF (in connection with reaching the retirement age) amounted to KZT29,360, and the maximum amount of the monthly pension benefit was KZT707,326.

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)