Pension savings continue to grow: Over the past 12 months, the increase amounted to 4.33 trillion tenge

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    Pension savings continue to grow:

    Over the past 12 months, the increase amounted to 4.33 trillion tenge

    As of June 1, 2026, the pension savings of Kazakhstanis exceeded 27.67 trillion tenge, an increase of 4.33 trillion tenge (or 18.6%) over the past 12 months.

    The bulk of pension savings are funds formed through mandatory pension contributions (MPCs), which reached 25.81 trillion tenge. Over the past 12 months, they increased by 3.93 trillion tenge (or 18.0%).

    Pension savings formed through mandatory professional pension contributions (MPPCs) amounted to 754.69 billion tenge, an increase of 13.3% over the past 12 months. The volume of voluntary pension contributions (VPC) also increased: as of June 1, 2026, it reached 10.13 billion tenge, representing a 19.8% increase over the 12 months.

    Pension savings formed through mandatory employer pension contributions (MEPC), which have been deposited into contributors' (recipients') pension accounts since January 1, 2024, continue to grow. As of June 1, 2026, their volume exceeded 1,097.48 billion tenge, 2.6 times higher than the previous year's figure.

    Receipts

    The total savings volume is provided by pension contributions and investment income. In the first five months of 2026, 1,487.96 billion tenge in contributions were deposited into individual and notional pension accounts of contributors, an increase of 14.4% (or 186.95 billion tenge) compared to the same period last year. As of June 1, 2026, 1,143.82 billion tenge had been received into individual pension accounts (IPAs) for the OPV (an increase of 6.9% compared to the same period last year), 63.14 billion tenge into the OPV (an increase of 10.3%), and 815.51 million tenge into the DPV (additional pension fund). Contributions from the OPV for the year totaled 280.19 billion tenge.

    Net investment income received in depositors' accounts since the beginning of the year as of June 1, 2026, amounted to 834.86 billion tenge.

    Payments and Transfers

    Payments for all types of contributions and transfers to insurance companies from the ENPF for January-May 2026 reached 693.53 billion tenge.

    The volume of old-age payments amounted to 115.37 billion tenge. The average monthly payment scheduled from the Unified Accumulative Pension Fund (UAPF) upon reaching retirement age was 38,890 tenge.

    Lump-sum pension payments (LPP) for housing improvements and medical treatment since the beginning of 2026 amounted to 307.75 billion tenge, inheritance payments amounted to 47.55 billion tenge, payments related to permanent residence outside the Republic of Kazakhstan amounted to 17.54 billion tenge, payments to persons with disabilities amounted to 1.48 billion tenge, and funeral payments amounted to 3.93 billion tenge. A total of 199.91 billion tenge was transferred to insurance companies.

    Number of Individual Pension Accounts

    The total number of pension accounts in the ENPF as of June 1, 2026, was 18.68 million (an increase of 1.09 million, or 6.2%, over the 12 months). The number of individual pension account contributors (recipients) in the ENPF as of June 1, 2026, was 12.78 million, of which 11.34 million were under the mandatory pension fund (OPV), 781,880 were under the mandatory pension fund (OPV), and 460,210 were under the voluntary pension fund (DPV). It should be noted that the total number of accounts for recording the mandatory pension contributions (11.34 million) also includes accounts of recipients who have permanently resided outside the country but have not applied for their savings, deceased contributors whose heirs have not formalized the inheritance of their pension savings, military personnel who transferred to full state pension provision in 2016, and other categories of contributors (recipients) whose accounts should not receive contributions under Kazakhstani law.

    The number of notional pension accounts in the UAPF recording information on received mandatory pension contributions totaled 5.90 million.

    All up-to-date statistical data on pension assets is available on the enpf.kz website in the "Statistics and Analytics" section.

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