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Press release to the draft resolution of the Government of the RK "On approval of the Rules and terms of calculation (accrual) and transfer of compulsory pension contributions of the employer to the Unified accumulative pension fund and penalties for them

Press release
to the draft resolution of the Government of the Republic of Kazakhstan "On approval of the Rules and terms of calculation (accrual) and transfer of compulsory pension contributions of the employer to the Unified accumulative pension fund and penalties for them"

Draft Resolution of the Government of the Republic of Kazakhstan "On approval of the Rules and terms of calculation (accrual) and transfer of compulsory pension contributions of the employer to the Unified accumulative pension fund and penalties for them" (hereinafter – the draft resolution) was developed in the implementation of article 25-1 of the Law of the Republic of Kazakhstan dated June 21, 2013 № 105-V "On pension insurance in the Republic of Kazakhstan" and paragraph 2.1.4 of the Prime Minister's Order – Minister of RK № 67-P dated August 12, 2015 On measures to implement the Law of the Republic of Kazakhstan dated August 2, 2015 "On amendments and additions to some legislative acts of the Republic of Kazakhstan on issues of pension insurance".

Since January 1, 2020, compulsory pension contributions of the employer (CPCE) in the amount of 5% of the employee's income at the expense of the employer are introduced. Introduction of payment of these pension contributions is aimed at strengthening the role of employers in the pension insurance of citizens and increasing the amount of pension payments from the Unified accumulative pension fund (UAPF).    

Draft resolution provides for the procedure of calculation (accrual), transfer of CPCE, payment of penalties and debt collection in case of late transfer of CPCE, as well as the actions of agents, recipients, State corporation and UAPF in case of errors in the transfer of CPCE.

Changed on 20 May, 2019 - 14:58
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