On September 11, 2026, UAPF JSC held its latest Open Day, entitled "Participation of Contributors in Managing Their Pension Assets and the invest.enpf.kz Portal for Independent Access to Information on Investment Portfolio Managers."
Meeting participants were provided with detailed information on amendments to the Social Code of the Republic of Kazakhstan, which will take effect on September 7, 2026, significantly expanding the rights of UAPF contributors to independently choose strategies and portfolios for managing their pension savings.
According to these amendments, depositors will be able to transfer up to 100% of their savings to investment portfolio managers (IPMs) for trust management. It was explained that these changes are aimed at increasing long-term returns from savings management by selecting an IPM with the most suitable investment strategy and performance history.
Those gathered were informed that contributors of compulsory pension contributions (CPC) and voluntary pension contributions (VPC), as well as individuals for whom compulsory occupational pension contributions (COPC) and VPC have been transferred, will be able to independently determine the amount of their savings transferred to trust management, select one or more IPMs, and one or more investment portfolios in line with their financial goals.
UAPF specialists also introduced the event participants to the unified online information platform, invest.enpf.kz, introduced for the convenience of investors, which consolidates key information on the investment management of pension assets. The platform provides convenient and structured access to performance information and allows for dynamic comparison of various data on portfolios managed by all trust managers (the NBRK and IPMs) over a specified period. Investors can evaluate investment portfolios and independently select a manager and their investment strategies based on their interests.
Answers were also given to questions regarding mechanisms for protecting pension savings when managing IPM.
During the meeting, UAPF JSC specialists not only explained the terms of the innovation's implementation, explained how to choose the right IPM, and transfer pension savings, but also answered other questions from participants and media representatives related to Kazakhstan's pension system.
According to Open Day participants, the meeting was well-organized, with lively discussions, and UAPF JSC representatives explained all the nuances of the changes to Kazakhstan's funded pension system in a clear and accessible manner.
UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details atwww.enpf.kz )
