Реклама +7(700) 388 81 09

site.news_by_theme pension fund

©azh.kz
Tenge depreciation concerns retirees

Chairman of Kazakhstan's National Bank Kairat Kelimbetov: pension funds are secure against inflation.

Tenge depreciation concerns retirees
©Tengrinews
Kazakhstan's 5% employer pension contributions explained by Vice Minister

Vice Minister of Health and Social Development explains the new provision in the pension legislation concerning five percent employer contributions.

Kazakhstan's 5% employer pension contributions explained by Vice Minister
©Yaroslav Radlovsky
Pension reform in Kazakhstan raises questions

Kazakhstan is moving forward with its new pension system. However, some are concerned it will mean lower revenues for the state budget and more money in the shadow economy.

Pension reform in Kazakhstan raises questions
Photo courtesy of altaynews.kz
Nazarbayev signs Kazakhstan pension legislation amendments

Kazakhstan is getting ready to implement a new pension system.

Nazarbayev signs Kazakhstan pension legislation amendments
Photo courtesy of m24.ru
Kazakhstan, Russia and Belarus to practice so-called pensions exports

Earlier Kazakhstani residents just withdrew their entire pension savings when moving to another country and managed the entire amount at their own discretion.

Kazakhstan, Russia and Belarus to practice so-called pensions exports
Single Pension Fund to attract private companies for assets management

Starting from next year, part of the assets will be managed by private companies (…) to develop the People’s IPO Program and take part in IPOs run by various companies. The National Bank will be responsible for investing into government securities: Central Bank Governor.

Single Pension Fund to attract private companies for assets management
Single Pension Fund ©Tengrinews file photo
Kazakh deputy demands answers from National Bank for pension losses

Kazakhstan MP asks the National Bank why 90 billion tenge ($484 million) were written off from pension accounts.

Kazakh deputy demands answers from National Bank for pension losses
Single Pension Fund ©Turar Kazangapov
Kazakh Single Pension Fund considers new investment strategies

Single Pension Fund of Kazakhstan might soon allow its depositors to choose investment strategies.

Kazakh Single Pension Fund considers new investment strategies
©REUTERS
Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold

Securities of 22 companies held by the Single Pension Fund of Kazakhstan now cost four times less then their nominal value.

Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold
Single Pension Fund ©Turar Kazangapov
Kazakhstan National Bank official explains Single Pension Fund losses

Advisor to the governor of the National Bank of Kazakhstan talks about pension fund losses as of September and the benefits of National Bank managing the Single Pension Fund.

Kazakhstan National Bank official explains Single Pension Fund losses
©Tengrinews illustration
National Bank of Kazakhstan defends pension assets' investment into second tier banks

The National Bank of Kazakhstan has responded to the criticism of several members of the Kazakh Parliament, who claimed the Single Pension Fund was practicing risky investments that put the pensioneers' savings in danger.

National Bank of Kazakhstan defends pension assets' investment into second tier banks
©Marat Abilov
Kazakh deputies outraged at risky investments of Single Pension Fund

Kazakhstan MP of Ak Zhol faction voiced their serious concern over the investments the Single Pension Fund was practicing. In their opinion, these activities may lead to destabilization of the entire lending sector of Kazakhstan.

Kazakh deputies outraged at risky investments of Single Pension Fund
©Tengrinews file photo
Pension reform concept approved in Kazakhstan

The Concept of modernization of Kazakhstan’s pension system until 2030 has been approved.

Pension reform concept approved in Kazakhstan
Illustration © tengrinews.kz
Kazakhstani pension savings amount to $21 billion

Kazakhstanis had over $21 billion in pension savings as of June 1, 2014.

Kazakhstani pension savings amount to $21 billion
Single Pension Fund. ©mail.ru
State-run Single Pension Fund to deposit money with Kazakhstan-based banks

“I commission the National Bank and the Government to work out a strategy to invest the assets of the Pension Fund, including depositing the money with Kazakhstan-based banks for a long term”, President Nazarbayev said earlier.

State-run Single Pension Fund to deposit money with Kazakhstan-based banks
©kapital.kz
President Nazarbayev instructs to develop strategy to invest assets of Single Pension Fund

President also stressed that the National Bank should develop extra incentives to reduce dollarization of the banking sector.

President Nazarbayev instructs to develop strategy to invest assets of Single Pension Fund
Single Pension Fund. ©mail.ru
Merger of pension funds to form a single entity complete in Kazakhstan

Altogether, there are 9.7 million accounts, with the overall savings amount standing at $21.3 billion.

Merger of pension funds to form a single entity complete in Kazakhstan
Single Pension Fund. ©mail.ru
Will the pension funds be merged into the Single Pension Funds by April 2014?

Ular Umit pension fund is completing the merger to be followed by the pension fund owned by Halyk Bank, the last to be merged with the newly-formed Single Pension Fund: the Fund’s Press Service.

Will the pension funds be merged into the Single Pension Funds by April 2014?
Kairat Kelimbetov. Marat Abilov©
Central Bank Governor to manage assets of Single Pension Fund

Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.

Central Bank Governor to manage assets of Single Pension Fund
Photo © Marat Abilov
Single Pension Fund ensures safety of pension savings

Deputy Chairman of the JSC GNPF Accumulative Pension Fund Ruslan Erdenayev guaranteed the safety of the pension savings.

Single Pension Fund ensures safety of pension savings