U UAPF on the use of pension savings

On amendments to the Resolution of the Akimat of Zhanaozen dated April 4, 2018 No. 191 "On determining the locations for the placement of campaign printed materials for all candidates"

ANNOUNCEMENT Announcement of an internal competition for the vacant administrative state position of the head of the office of the State Institution "Office of the Akim of Zhanaozen" of the E-2 category. According to the results of an internal competition for the vacant administrative state position of head of the office of the State Institution "Office of the Akim of Zhanaozen" of the E-2 category, candidate Rasul Zhumabekovich Abishaev received a positive conclusion from the competition commission. HR Department

National Fund for Children: Kazakhstanis used approximately $58 million for housing and education As of June 1, 2026, since the program's inception (February 1, 2024), 316,223 applications for targeted savings (TS) totaling approximately $57.88 million have been processed. These funds were transferred to authorized operators for subsequent deposit into applicants' bank accounts. Most applications were for housing improvements: 201,245 applications totaling $36.94 million were processed. Funds were used for education in accordance with 114,978 applications totaling $20.94 million . TS recipients can use the funds in full or in part. If a portion of the funds remains unclaimed, it can be held in a targeted savings account (TSC) for 10 years. After this period, the unused balance is transferred to the recipient's individual pension savings account to account for voluntary pension contributions. The most popular housing improvement program was replenishing housing construction savings for further accumulation (196,893 applications completed, totaling $36.23 million). Funds were also used as down payments for mortgage loans to purchase housing (1,498 applications, totaling $248,940), and for the purpose of acquiring housing through civil law transactions (final settlements), 1,028 applications, totaling $165,660. Within the TS program for education , the largest amount of funds was allocated to pay for educational services at educational institutions located in the Republic of Kazakhstan, either in installments (for each academic period or academic year) or in full (for the entire term of study) (106,315 applications, totaling approximately $19.68 million, were completed). The following areas were also in demand: replenishment of an educational savings deposit under an agreement on an educational savings deposit (5,947 applications were completed for a total of over 842.16 thousand US dollars), payment for educational services of foreign educational organizations in installments (for each academic period or academic year) or in full at one time (for the entire period of study) (2,114 applications were completed for a total of 319.33 thousand US dollars). Detailed information on TS payments for improving housing conditions and/or paying for education, broken down by authorized operators and regions, can be found on the enpf.kz website. As a reminder, Kazakhstani children received the next payment of $130.71 per child in 2025, $129.38 per child in 2024, and $100.52 per child in 2023. Children under 18 receive annual accruals from the National Fund as targeted benefits. According to law, the accruals accrued to young Kazakhstanis remain part of the National Fund's assets and continue to be invested. Through continued investment, each child's targeted benefit amount increases annually through the investment income received . As a result, the total amount of all accumulated targeted benefits (including the additional annual accrual of investment income) for a child participating in the program: - Three years, $370.56 ; - Two years, $263.93 ; - One year, $130.71 . Parents and other legal representatives can check the child's participation in the program for children under 18 using their individual identification number (IIN) on the kids.enpf.kz website, in their personal account on the eGov.kz e-government portal, and in the eGov Mobile and some second-tier bank mobile apps. If information about target requirements accrued to children for the 2025 reporting year is not displayed, you must update the documents in the mobile apps by following this path: in the eGov Mobile app: "Digital Documents" - "Family" - "Update Document List" - "National Fund Payments"; in the mobile apps of second-tier banks, such as Kaspi.kz: "Gosuslugi" - "All Documents" - "Update Document List" - "National Fund Payments." The absence of information on the accrual of target requirements for children who have reached or will reach 18 years of age this year in the legal representative's personal account is due to the fact that target requirements have acquired the status of TS, and therefore access to information about them is provided directly to the TS recipient (a citizen who has reached or will reach 18 years of age in 2026). These individuals must independently obtain information about their TS through their personal account on the UAPF or e-government websites. Upon reaching 18 years of age, they can contact an authorized operator to open a US dollar bank account and submit an online application for TS payment to improve their housing conditions and/or pay for education. Currently, the authorized operators are: Otbasy Bank JSC (for housing and education), Halyk Bank JSC (for education), Bank CenterCredit JSC (for education). Statistics on minor children eligible for targeted loans and adult recipients of the TS, as well as on the use of the TS for housing and/or education, can be found on the enpf.kz website. You can learn more about the program, get instructions, and get answers to your questions on the website kids.enpf.kz. You can also watch video comments and instructions on the БЖЗҚЕНПФ YouTube channel: video commentary by the Chairman of the Executive Board of UAPF JSC Zh.B. Kurmanov: https://www.youtube.com/watch?app=desktop&v=30CdPWl6dv0 video commentary by Managing Director of UAPF JSC M.T. Sharipov: https://www.youtube.com/watch?v=APg2vATmMk0 Video commentary "Question and Answer" on the National Fund for Children program: https://www.youtube.com/watch?v=4cKr1VCAvUk https://www.youtube.com/watch?v=mrV0y37Gjnk Instructions for the National Fund for Children website: https://www.youtube.com/watch?v=VgP3dmMwAHc https://www.youtube.com/watch?v=jyC2c-HgqpQ Instructions for the implementation of the National Fund for Children program: https://www.youtube.com/watch?v=bqeT41rWecA https://www.youtube.com/watch?v=pNBSS1VHdWU

A new methodology for calculating minimum adequacy thresholds for pension savings has come into force In compliance with the requirements of Government Resolution No. 422 of the Republic of Kazakhstan dated May 21, 2026, the UAPF published minimum adequacy thresholds (MAT) for pension savings calculated for 2026, taking into account changes to the Calculation Methodology, in the media and on its own website. According to the new Methodology, MAT amounts are determined based on target indicators for future pension benefits and are calculated for each age of the contributor using a standard formula for calculating the present value of monthly benefits. The formula takes into account long-term demographic (national demographic tables) and financial (interest rates and indexation of benefits) factors to achieve stability and predictability in the amount of future payments for citizens. The present value formula for benefits is based on international practice for calculating the savings required for targeted benefits. The calculation results are less susceptible to change when macroeconomic forecasts are revised. However, the calculations still use socioeconomic indicators such as the minimum old-age pension and minimum wage, which are determined annually by the law on the republican budget. However, the formula does not take into account future pension contributions from the moment of withdrawal until reaching retirement age. This minimizes the risk that, after using part of the savings, the contributor will receive a low funded pension in the future. However, the right to use part of the pension savings for alternative purposes (housing and medical treatment) is retained. Pensioners whose pension is at least 40% of their lost income can use their savings; they can withdraw up to 50% of their savings for housing and medical treatment. Citizens who have entered into a pension annuity agreement, as well as pensioners who receive a state pension based on length of service, can fully use the remaining funds in their pension account. The ability to use savings above the minimum adequacy threshold remains, but approaches to determining the amount of funds available for withdrawal are being refined, taking into account the need to ensure citizens have adequate and stable pension benefits in the future. MATs have increased by 79% or more depending on the contributor's age: the closer to retirement, the higher the requirements for the future pension benefit, and the larger the amount required in the pension account. Therefore, MATs for people approaching retirement age more than double. This means that pension savings will remain in their accounts, will be further invested, and pension benefits will increase significantly. Under the previous Methodology, benefits after withdrawal would have amounted to approximately 15% of the median salary; under the new Methodology, they will be approximately 40% of the median salary. Thus, the new methodology for determining MAT is transparent and more predictable for contributors and is aimed at ensuring a stable pension income for citizens at retirement age in accordance with international standards.

Announcement Announcement of an internal competition for the vacant administrative state position of head of the Department of Digitalization, quality control of public services and monitoring of the State Institution "Office of the Akim of Zhanaozen" category E-3. According to the results of an internal competition for the vacant administrative state position of head of the department of digitalization, quality control of public services and monitoring of the State Institution "Office of the Akim of Zhanaozen" of the E-3 category, candidate Zhubaniyazova Guldana Kiikbaykyzy received a positive conclusion from the competition commission. HR Department

Announcement Announcement of an internal competition for the vacant administrative state position of Head of the Department of Public Procurement and Accounting of Economic activities of the State Institution "Office of the Akim of Zhanaozen" of the E-3 category. According to the results of an internal competition for the vacant administrative state position of head of the Department of Public Procurement and Accounting of economic activities of the State Institution "Office of the Akim of Zhanaozen" of the E-3 category, candidate Daniyar Ismagulovich Nazarkhanov received a positive conclusion from the competition commission. HR Department

THE DECISION on the admission of the contestants to the interview and the SCHEDULE of the interview