Новости по теме pension fund
57-y.o. woman went skydiving in Pavlodar to support the retirement reform in Kazakhstan.
February 4 Kazakhstan’s President Nursultan Nazarbayev commissioned the Fund to exit the earlier bailed-out banks within a year’s time.
The changes should be gradual. For women who will be retiring before 2018 the retirement age will be annually raised by half a year within the following 10 years: Labor Minister.
The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
Should the amendments be passed in the autumn only, no consolidation could take place.
Kazakhstan private pension funds were over-investing in public securities inside Kazakhstan and under-investing abroad: Marchenko.
A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.
Kazakhstan Vice-PM Kelimbetov deflated the rumors that the government was planning to use the funds of the coming single pension fund to finance the EXPO.
Savings in Kazakhstan's pension funds grew 20.1 percent and made 3.2 trillion tenge ($20.7 billion) in 2012.
According to him, in the long run the Government may need money to cover the budget deficit or finance some state-run projects and there might be a temptation to rely on pension savings.
They can be transformed into asset management companies; they can be transformed into pension funds working with voluntary savings schemes; or they can wind up and exit the market: Gregory Marchenko.
Pension savings are to be consolidated into a single pension fund by July 1, 2013.
Creation of the single pension fund does not mean nationalizing of pension savings: the savings will still be owned by the citizens: Vice-PM of Kazakhstan.
Although the number of issuers will decrease, there will be one powerful investor (…) the investment rules are expected to be liberalized: Kadyrzhan Damitov.
According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.
According to him, if there is a single pension fund managed directly by the Government or by the National Fund, there will be no deals closed with affiliated companies.
President made the decision to the benefit of the nation (…) and it will be brought to life, Central Bank Governor pledged.
According to him, the Government suggests channeling the money to support S&MBs within the Business Development Roadmap – 2020 as well as to finance infrastructure projects.
According to him, the measure will provide finances for long-term infrastructure projects that are badly needed.
I don’t think there will be literally a single pension fund. The point was to introduce a single system to manage pension accounts: Erbolat Dossayev.