Kazakhstan initiates the acceptance of early retirement applications
Early Pension Withdrawal for Housing and Medical Needs Now Available in Kazakhstan
As of mid-2025, eligible individuals in Kazakhstan can now withdraw part of their pension savings for specific purposes, such as housing purchase/construction or medical treatment. This development is in line with the national pension regulations administered by the Unified Accumulative Pension Fund (UAPF).
Eligible cases for early pension withdrawal may include housing purchases, medical treatment or rehabilitation needs, disability cases, and other exceptional circumstances as defined by law. However, it's essential to note that the exact eligibility rules, required documentation, and withdrawal procedures should be verified with official Kazakh pension authorities.
Retired individuals, including those from law enforcement agencies, can withdraw up to 50% of the remaining amount in the EPF, provided their total pension income meets international standards, not less than 40%. Citizens who have accumulated savings exceeding the minimum sufficiency threshold through regular and full payment of pension contributions are eligible to exercise this right.
The pension savings eligible for early withdrawal include mandatory pension contributions, mandatory professional pension contributions, and the investment income derived from them. Individuals who have concluded pension annuity contracts with insurance companies can also withdraw up to the remaining amount in the EPF.
The application process for early pension withdrawal can be initiated on a specific website, but the exact details about the process and the website where the application can be initiated are not provided in the available information.
It's important to note that the article does not mention any changes or updates to the Law of the Republic of Kazakhstan regarding the use of pension savings. Therefore, it's crucial to consult official sources such as the Kazakhstan Ministry of Labor and Social Protection or the UAPF directly for the most accurate and up-to-date information on eligibility criteria and withdrawal procedures.
In summary, eligible individuals in Kazakhstan for early pension withdrawal for housing and medical purposes typically include pension contributors who need funds for housing purchase/construction or medical treatment, according to national pension regulations. However, the details and conditions should be verified with official Kazakh pension authorities.
Personal-finance considerations for eligible individuals in Kazakhstan now include the possibility of withdrawing a portion of their pension savings for housing purchases or medical treatment, in accordance with the country's pension regulations administered by the Unified Accumulative Pension Fund (UAPF). Moreover, the rules, required documentation, and withdrawal procedures for these early pension withdrawals must be verified with official Kazakh pension authorities.
