Concept of further modernization of the pension system of the Republic of Kazakhstan till 2030, approved by the Decree of the President of the Republic of Kazakhstan from June 18, 2014 № 841, provides that in order to maintain the size of the joint and several pensions at an acceptable level, the dimensions are indexed annually ahead of the inflation rate of two percent.
So, from January 1, 2018 subject to an annual increase in pension benefits by age and pension payments for longevity by 8%.
state basic pension payout amounted to 15 274 KZT, the size of the minimum pension taking into account the basic pension - 49 019 tenge, the average size of pension payments, taking into account the basic pension on 1 February 2018 - 70 622 tenge.
These changes were more than 2 Mill. Retired, i.e. all of today's recipients.