Pension provision of Kazakhstanis betters: ?Nur Otan? National Platform

ASTANA. May 13. KAZINFORM /Muratbek Makulbekov/ Pension coverage of Kazakhstanis is bettering every year. The National Platform of ?Nur Otan? National Democratic Party outlines that the pensions? replacement rates will be increased by the level of international standards of 40% from the average salary within five years.
None
None
Taking into account the increase of pensions by 25% this year, the average pension is up to KZT 22 822. Minimum pension payment is up to KZT 15 263, maximum ? KZT 32 121. Increase of pensions by 25% more in 2010 and by 30% in 2011 is scheduled. The pension scheme of the country works steadily. 14 pension funds work in the republic at the present. According to statistics, total sum of the pension payments and transfer to insurance organizations exceeded KZT 104.3 bln.
Currently reading