(Suleyman Demirel University, 2016) А. Yerbolatkyzy
Kazakhstan was the first country that made pension reform ant started new funded
model of pension provision. Our country used Chilean pension model as an experience.
In this work we analyzed the pension fund system management of young country, its step by
step historical improvement and its continuing development. So this system is on the right way but
there are some macroeconomic problems like inflation, crisis and unemployment. Contributor’s
pension funds would like to have some assurance that their money will be saved from inflation and
they will receive, though not great, but a steady income. Main objective of the work is to examine
the achievements of the pension fund management under existing economic and social situation in
Kazakhstan under global economic crisis.