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Unified Accumulative Pension Fund of the Republic of Kazakhstan

Company

State and social structures
Since 2013
Almaty
A15G7D9, st. Auezova, 82


Owners

The Unified Accumulative Pension Fund of the Republic of Kazakhstan (ENPF) was established in 2013 and merged all pension funds that existed at that time in the republic.

The founder and shareholder of ENPF JSC is the Government of the Republic of Kazakhstan represented by the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan.

2025: The number of pensioners in Kazakhstan has reached 2.4 million people. For the year they received $8.3 billion

At the end of 2025, the number of recipients of pension payments in Kazakhstan reached 2.4 million people. The total amount of funds transferred to him amounted to 4.2 trillion tenge ($8.3 billion). The data of official statistics on pension payments in Kazakhstan were released on January 23, 2026.

Of the total amount of payments for the basic pension guaranteed by the state, 1.3 billion tenge ($2.7 million) accounted for. 2.8 billion tenge ($5.6 million) was allocated for a joint pension dependent on seniority and deductions. The average total pension in 2025 amounted to 143,143 tenge ($283), including the joint part of 95,549 tenge ($189) and the basic part - 47,594 tenge ($94).

The number of pensioners in Kazakhstan exceeded 2.4 million

According to Sputnik Kazakhstan, from January 1, 2026, all pension payments from the state budget were indexed by 10%. As a result, the minimum size of the basic pension is set at 35,596 tenge ($70.4), which corresponds to 70% of the subsistence minimum. The maximum pension has been increased from 110% to 118% of the subsistence minimum and is 60,005 tenge ($1.2 thousand).

The newspaper "Evening Almaty" reminds that from July 1, 2018, the basic pension is assigned individually, taking into account the experience of participation in the pension system. This length of service includes the period until January 1, 1998 in the solidarity system, as well as the time for which mandatory pension contributions (OPV) were paid to the Unified Funded Pension Fund.

The calculation of the basic payment depends on the length of service. With an experience of 10 years or less, it is equal to 70% of the subsistence minimum. For each subsequent year beyond 10 years, the size increases by 2%.

For example, with 20 years of experience, the payment will be 90%, and with 30 or more years - the maximum 110% of the subsistence minimum. The size of the joint pension is determined by the work experience as of January 1, 1998 (it takes at least 6 months) and the average monthly income in the pre-retirement period.[1]

2024:433 billion tenge invested in the US national debt. The total size of the fund is 20 trillion tenge ($41 billion)

In August 2024, the National Bank of Kazakhstan invested 433 billion tenge from the Unified Funded Pension Fund (ENPF) in US government securities.

At this time, pension savings amount to about 20 trillion tenge (41.6 billion dollars).

2022: Investment of 18 billion tenge in Eurobonds of Russia

In 2022, the National Bank invested the pension funds of Kazakhstanis in Eurobonds of the Ministry of Finance of the Russian Federation, denominated in dollars, by 18.8 billion tenge, and since then the value of these securities has decreased by 385 million tenge.

2018: Funds of 10 million depositors

As of October 2018, the fund has accumulated funds of more than 10 million depositors.

Notes