This option will take effect on May 1, 2021.
Starting from May 1, 2021, the basis for opening a personal account in the unified cumulative pension (UAPF) to calculate the voluntary pension (DPV) will be the first DPV received by the fund. The fund has provided information on this information to the Kapital.kz Business Information Center.
Voluntary pensions can be transferred by contributors (individuals at the expense of their own income). They can also be transferred by depositors (natural or legal persons) to benefit the recipient. In this case, the amount of payment and the frequency of payment are independently determined by the depositor.
When individuals pay DPA at the expense of their income, the tax law provides for tax deductions on the DPV amount paid.
“From January 1, 2021, when calculating corporate income tax, voluntary pension contributions paid by taxpayers (employers) to employees should be deducted. The fund stated that when taxing employees’ income, no The amount paid by the DPA employer for the employee will be considered.
Therefore, employers have obtained tax incentives and additional tools to motivate their employees with voluntary pension contributions that benefit their employees.
“For employees, this will have a positive impact on the increase in pension savings formed in the UAPF, which will be borne by DPA. Therefore, when increasing the amount of pension payments from UAPF, the source said.
Voluntary pensions can be paid to UAPF through secondary banks (STB) or Kazpost.
“Some set-top boxes provide the ability to transfer donations online through mobile applications or self-service terminals. In addition, you can submit applications to employers. The fund said in a statement that on this basis, the latter will periodically transfer DPV to UAPF, To benefit the applicant or a third party.
When transferring DPV, individuals who support DPV will be identified based on the personal data indicated in the electronic format of the payment slip, full name, IIN, and date of birth.
The UAPF report said: “And all necessary information: detailed information about the individual’s valid identification documents, information about the permanent residence, and other information will be received by the UAPF from the relevant information system of the government agency.”
ENPF donors used more than 3.5 billion tenge for treatment
Each application transfers an average of 1 million tenge of pension savings