Chairman of Kazakhstan's National Bank Kairat Kelimbetov: pension funds are secure against inflation.
Kazakhstan Prime-Minister Serik Akhmetov believes that Kazakhstan’s pension system requires further reformation.
According to him, “by 2030 there will be one retired person for every 1.5 working people, with the ration reaching 1 to 1 further on”.
The archbishop of Los Angeles stripped his predecessor of all church duties Thursday as he released files on more than 100 clerics, as required under a 2007 lawsuit deal over alleged sex abuse.
Two thirds of the population in Kazakhstan would like to retire before the legal retirement age currently in effect.
Profitability of pension funds does not exceed inflation rate: Maira Kichigina, Deputy Chairman of Narodny Bank Kazakhstan Pension Fund.