Current commission rates of Pension Savings Fund reduce the accumulation of depositors by 26%
"According to experts, the current commission rates reduce the amount of savings, on average, for the entire period of savings, by about 26%. This is quite a high figure of fees, which, of course, come from the assets of the pension fund savings. Therefore, in these conditions, the creation of a single pension fund was logical response from the government".
Astana. May 6. Kazakhstan Today - The current commission rates of Pension Savings Fund reduce the accumulation of depositors by 26%, Kazakhstan Today reports.
"According to experts, the current commission rates reduce the amount of savings, on average, for the entire period of savings, by about 26%. This is quite a high figure of fees, which, of course, come from the assets of the pension fund savings. Therefore, in these conditions, the creation of a single pension fund was logical response from the government," said in an interview for Khabar Prime Minister Serik Akhmetov.
In addition, he noted that the PSF is not able to increase the number of contributors, but only lured them to each other. At the same time PSF does not provide a high enough return on pension assets. According to Mr. Akhmetov, all of these tasks have to be decided by Unified PSF to be established in accordance with the law "On pensions in the Republic of Kazakhstan", the draft of which is currently considered by the Parliament, the official media report.
S. Akhmetov also said that if we do not carry out the modernization of the pension system, tomorrow the majority of the citizens of Kazakhstan will be left without a normal pension. He recalled that, under the existing legislation of Kazakhstan for the years of service, elaborated on 1 January 1998, the pension is paid by the state.
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Images | Kazakh MFA
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The guests of the event were able to enjoy photographs of unique nature, landscapes of picturesque landscapes, flora and fauna of Kazakhstan.
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Plovdiv is the second largest city in Bulgaria, which is more than 8000 years old, leading its chronicle from prehistoric times to the present day, and is the most dynamically developing center of Southern Bulgaria.
The Honorary Consulate of Kazakhstan in Plovdiv has been open since December 15, 2023.
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Over 300 babies born in flood-stricken areas in Kazakhstan
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2 schools shifted to online learning amid flooding in N Kazakhstan
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Images | senate.parlam.kz
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Year of Kazakhstan Tourism in China officially opens in Beijing
Images | Kunsultan Otarbai/Kazinform
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