Chairman of Kazakhstan's National Bank Kairat Kelimbetov: pension funds are secure against inflation.
Vice Minister of Health and Social Development explains the new provision in the pension legislation concerning five percent employer contributions.
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.
Kazakhstan is getting ready to implement a new pension system.
Securities of 22 companies held by the Single Pension Fund of Kazakhstan now cost four times less then their nominal value.
A man has been charged with the murder of a pensioner in north London following media reports that a woman was found beheaded in a back garden.
The Concept of modernization of Kazakhstan’s pension system until 2030 has been approved.
The new coil of the pension reform in Kazakhstan may create a spike in the shadow economy.
Kazakhstanis had over $21 billion in pension savings as of June 1, 2014.
Deputy Chairman of the JSC GNPF Accumulative Pension Fund Ruslan Erdenayev guaranteed the safety of the pension savings.
The British government minister pushing through strongly criticised reforms of the welfare state urged rich pensioners on Sunday to give back any handouts they don't need.