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.
The larger the pension savings pool is, the more investment tools are needed to secure a sufficiently high yield: Marchenko.
Microsoft chief executive Steve Ballmer announced Friday he would retire within 12 months, opening a new chapter for a company struggling to keep pace with the fast-changing tech sector.
Chairman of Kazakhstan National bank Gregory Marchenko has unveiled the schedule of the gradual raise of the retirement age for women in Kazakhstan.
Retirement is not traditionally on the cards for queens, kings or popes, but in recent months many are choosing to step aside instead of labouring on until death.
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”.
Kazakhstan President Nursultan Nazarbayev has signed the law reforming the pension system and gradually increasing women's pension age from 58 to 63.
Marchenko expressed his opinion as a citizen and consultant: Bissengali Tadzhiyakov.
Kazakhstan political expert Dossym Satpayev believes that dissolving the parliament should follow the dismissal of Labor Minister Serik Abdenov.
Executing the authority vested on me by the Constitutions, I am recommitting the draft to the parliament for revision of and voting on the timeframe of the raise of retirement age for women: President Nazarbayev.
Kazakhstan Senate has approved the draft law amending the pension system in the first reading.
Senator Svetlana Dzhalmagambetova suggests to return the draft pension law for rework.
The delay may be caused by “the negative reaction of Kazakhstan women” who disagree with the government’s legislative initiative.
Andrey Tsukanov who threw eggs at Kazakhstan Minister of Labor and Social Protection Serik Abdenov during the press-conference has been sentenced to 7 days in jail.
Karaganda activist Andrey Tsukanov who threw eggs at Kazakhstan Labor and Social Protection Minister Serik Abdenov at the meeting in Almaty may be arrested for up to 10 days.
Kazakhstan Minister of Labor and Social Protection Serik Abdenov was attacked with eggs in front of 50 journalists and photographers during a briefing in Almaty.
57-y.o. woman went skydiving in Pavlodar to support the retirement reform in Kazakhstan.
Raising the retirement age for women will cause a dramatic jobs deficit and unemployment in Kazakhstan: experts.
- pension fund
- National Bank
- exchange rate
- Central Asia
- United States
- Great Britain
- Arab countries
- Nursultan Nazarbayev
- Serik Abdenov