Skip to Content

Government adopts bill on social security of population

Closed
by March 14, 2017 General

Today at the Government meeting chaired by Prime Minister Bakytzhan Sagintayev a bill was adopted On Amendments and Additions to some Legislative Acts of the Republic of Kazakhstan on Social Security.

The bill On Amendments and Additions to some Legislative Acts of the Republic of Kazakhstan on Social Security was developed within the framework of implementing the Presidential Address and instructions given by the Head of State at the extended Government meeting in February this year. This was reported by the Minister of Labor and Social Protection of Population Tamara Duissenova.

This document intends a phased increase of the amount of pensions paid from the National budget. The size of solidarity pensions will be increased by 11%, taking into account the 9% increase at the beginning of the year. The size of the basic pension will be increased by 13%, taking into account the 7% increase at the beginning of the year. As a result, the amount of pensions will be increased up to 20% from July 1, 2017, compared to 2016. This increase will affect more than 2 million people.

The size of one-time state allowances due to childbirth is increased 7% from January 1, 2017, and from July 1, 2017, will be increased by another 20%. As a result, in 2017 growth will amount to 27% compared to 2016.

In 2016, the amount of state allowances for the birth of the first, second and third child was 66,621 tenge, from January 1, 2017, it amounted to 71,270 tenge, and from July 1 it will be increased to 86,222 tenge. The amount of state allowances for the birth of a fourth child or more this year amounted to 111,035 tenge, and from January 1, 2017, it increased to 118,000 tenge. From July 1, 2017, the allowance will amount to 142,947 tenge.

“In general, 81.6 billion tenge were allocated for the above mentioned increases in pensions and allowances for childbirth, � T. Duissenova reported.

The bill provides for postponing the implementation of mandatory pension contributions by the employer from 2018 to 2020.

In total, the bill On Amendments and Additions to some Legislative Acts of the Republic of Kazakhstan on Social Security amends 8 laws of the Republic of Kazakhstan.

Source: Government of the Republic of Kazakhstan

Previous
Next