02.06.2026, 14:22 7516

Minimum Pension Adequacy Thresholds to Be Revised, Exact Amounts to Be Announced Within 10 Days

Minimum Pension Adequacy Thresholds to Be Revised, Exact Amounts to Be Announced Within 10 Days
Kazakhstan will revise the minimum adequacy thresholds for pension savings withdrawals. Minister of Labor and Social Protection Askarbek Yertayev provided details of the upcoming changes during a government briefing, an agency correspondent reported.

The Ministry of Labor has completed work on amendments to the regulations. The previous formula consisted of nine indicators, including the minimum wage, the minimum pension, and other parameters. The new formula is based on five indicators. These include a 9% annual investment return rate, the annual indexation rate for monthly pension payments, and several other factors. In total, there are five indicators," the minister said.


Under the legislation, following the adoption of these amendments, the Unified Accumulative Pension Fund will have 10 days to submit its calculations," Yertayev added.

 

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