bs-preloader__icon
ru kz en

Which regions saved the most money for old age?

The pension savings of residents of the Ulytau and Almaty regions have grown significantly over the year, LS reports.
Which regions saved the most money for old age?

The number of individual pension accounts (IPA) of Kazakhstanis exceeded 11 million. According to the National Bank, as of December 1 last year, the total amount of savings on IPAs reached almost 16.8 trillion tenge. People at the age from 31 to 40 years saved for old age the most - 4.9 trillion tenge, the age group from 41 to 50 years old saved 4.8 trillion tenge, and from 51 to 60 years old - 4.3 trillion tenge.

But the least savings were in the accounts of older depositors: the age over 81 years old - 1.3 billion tenge, and from 71 to 80 years old - 7.6 billion tenge.

The main volume of savings still falls on Almaty – 3.3 trillion tenge. Compared to December 1, 2022, the amount in the pension accounts of Almaty residents built up by 26.9%.

In terms of volume of savings on IPAs next come Astana with 1.5 trillion tenge (+15.4%), Karaganda region - 1.2 trillion tenge (+13.2%), Shymkent - 993.8 billion tenge (-12.05 %), East Kazakhstan region – 888.9 billion tenge (+16.6%).

The smallest amount of pension money has been accumulated in the Almaty region - 195.7 billion tenge and Ulytau region - 213.8 billion tenge. The growth in these regions has been 4.8 times over the year.

Source: https://lsm.kz/pensionnye-nakopleniya-kazahstancev-rastut

Photos are from open sources.

Share
read also
ARDFM simplifies access to life insurance products for Kazakhstanis
ARDFM simplifies access to life insurance products for Kazakhstanis

The Agency of the Republic of Kazakhstan for regulation and development of the financ...

KASE launches "KASE Startup" platform
KASE launches "KASE Startup" platform

Kazakhstan Stock Exchange JSC (hereinafter referred to as KASE or the Exchange) annou...

Leading insurance company announced a competition for an educational grant
Leading insurance company announced a competition for an educational grant

Life Insurance Company Nomad Life JSC, with the support of Society of Actuaries of Ka...

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application