In the first nine months of 2026, Kazakhstanis early withdrew 490 billion tenge from the Unified Accumulative Pension Fund. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
This was announced by Deputy Chairman of the National Bank Yerulan Zhamaubayev at today's government meeting. Of this amount, about 404 billion tenge was withdrawn in the first half of this year, that is, before the minimum threshold of pension savings adequacy was raised.
"Since the beginning of the year, the pension fund's assets increased by 6.1% and reached 26.6 trillion tenge. The volume of pension contributions amounted to 2.2 trillion tenge. And investment income over nine months reached 766.3 billion tenge," said the Deputy Chairman of the National Bank.
It is worth noting that in June of this year the minimum threshold of pension savings adequacy was raised. Also, the procedure for repaying mortgage loans from pension savings has changed.