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Pension before and after one-time pension payments

Each depositor of the Unified Accumulative Pension Fund can independently calculate their future pension payments using the Forecast Pension Calculator on the website enpf.kz. It covers all pension components within the multi-tier pension system of Kazakhstan: state basic pension and old-age pension (or solidarity), as well as pension formed from mandatory pension contributions (MPC), mandatory professional pension contributions (MPPC) and voluntary pension contributions (VPC), the UAPF press service notes.
Pension before and after one-time pension payments

Calculations are very simple and easy to make. One should fill in all the fields, such as date of birth, gender, seniority, amount of savings, etc. in the forecast calculator. If you are registered in your personal account on the enpf.kz website, then the fields in the calculator are filled in automatically and the calculation of the future pension is made in just two or three clicks.

Next, you will see the results of calculating your future payments from the UAPF, which are given in three scenarios: pessimistic, realistic and optimistic. All three options take into account the expected rate of return. All forecast results are presented in real value terms (net of inflation in the corresponding forecast period). Besides, you will see age, retirement date, etc.

Let us remind that pension payments from the UAPF are made before the exhaustion of pension savings in the individual retirement account, and this can also be seen in the pension calculator.

Photos are from open sources.

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