PENSION FUND SYSTEM AND ITS HISTORICAL IMPROVEMENT IN REPUBLIC OF KAZAKHSTAN

Loading...
Thumbnail Image

Date

2016

Journal Title

Journal ISSN

Volume Title

Publisher

Suleyman Demirel University

Abstract

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.

Description

Keywords

Pension system, pension funds, accumulative pension system, investment management of pension assets, Вестник СДУ/ СДУ хабаршысы

Citation

PENSION FUND SYSTEM AND ITS HISTORICAL IMPROVEMENT IN REPUBLIC OF KAZAKHSTAN. А. Yerbolatkyzy. Вестник СДУ-2016