How funds were used under the National Fund for Children program as of May 1, 2026

How funds were used under the National Fund for Children program

as of May 1, 2026

From February 1, 2024, to May 1, 2026, 297,895 applications totaling over $53.09 million were processed. Funds were transferred to authorized operators for subsequent crediting to applicants’ bank accounts.

Of the total number of completed applications, 187,597 applications, totaling approximately $33.39 million, were for housing improvements, and 110,298 applications, totaling $19.70 million, were for education expenses.

As a reminder, recipients of targeted savings (TS) may use the entire amount or a portion of it. Unused funds remain in the targeted savings account (TSA).

The most popular method for improving housing conditions was replenishing housing construction savings for further accumulation (183,436 applications completed, totaling approximately $32.72 million). Funds were also used as down payments for mortgage loans to purchase housing (1,425 applications, totaling $232,770), and for the purpose of acquiring housing through civil law transactions (final settlement), totaling 989 applications, totaling $156,590.

The largest amount of funds under the TS for education was allocated to pay for educational services at educational institutions located in the Republic of Kazakhstan, either in installments (for each academic period or academic year) or in full (for the entire term of study) (101,899 applications, totaling $18.51 million, were completed). The following services were also in high demand: replenishing an educational savings deposit under an educational savings deposit agreement (5,796 applications completed, totaling approximately $801,290), and paying for educational services at foreign educational institutions in installments (for each academic period or academic year) or in full (for the entire term of study) (2,075 applications completed, totaling $308,590).

Detailed information on TS payments for improving housing conditions and/or paying for education, broken down by authorized operators and regions, is available on the enpf.kz website.

As a reminder, Kazakhstani children received a further payment of $130.71 per child based on the results of 2025, $129.38 per child in 2024, and $100.52 per child in 2023.

Children under 18 receive annual payments from the National Fund as targeted benefits. According to the law, the amounts accrued to young Kazakhstani children remain part of the National Fund’s assets and continue to be invested. Through continued investment, each child’s targeted benefit amount increases annually through the investment income received.

As a result, the total amount of all accumulated target requirements (including the annually accrued investment income) for a child participating in the program:

– three years, amounted to $370.56;

– two years, amounted to $263.93;

– one year, amounted to $130.71.

Parents and other legal representatives can check the participation of a child under 18 in the program using the child’s IIN on the website kids.enpf.kz, in their personal account on the eGov.kz e-government portal, as well as in the eGov Mobile mobile apps and those of some second-tier banks.

If information about target benefits accrued to children for the 2025 reporting year is not displayed, you must update your documents in your mobile apps by following this path:

• in the eGov Mobile app: “Digital Documents” – “Family” – “Update Document List” – “Accruals from the National Fund”;
• in second-tier bank mobile apps, such as Kaspi.kz: “Gosuslugi” – “All Documents” – “Update Document List” – “Accruals from the National Fund.”

The absence of information on the accrual of target benefits for children who have reached or will reach 18 years of age this year in the legal representative’s personal account is due to the fact that target benefits have acquired the status of TS, and therefore access to information about them is provided directly to the TS recipient (a citizen who has reached or will reach 18 years of age in 2026). These individuals must independently obtain information about their TS through their personal account on the UAPF or e-government websites. Upon reaching 18 years of age, they can contact an authorized operator to open a US dollar bank account and submit an online application for TS payment to improve their housing conditions and/or pay for education.

Currently, the authorized operators are:

• Otbasy Bank JSC (for housing and education),
• Halyk Bank JSC (for education),
• Bank CenterCredit JSC (for education).

Statistics on minor children eligible for targeted loans and adult recipients of the TS, as well as on the use of the TS for housing and/or education, can be found on the enpf.kz website.

You can review the program terms, get instructions, and get answers to your questions on the website kids.enpf.kz. You can also view video comments and instructions on the topic on the БЖЗҚЕНПФ YouTube channel:

video commentary by the Chairman of the Executive Board of UAPF JSC Zh.B. Kurmanov:

https://www.youtube.com/watch?app=desktop&v=30CdPWl6dv0

video commentary by the Managing Director of UAPF JSC M.T.Sharipov:

https://www.youtube.com/watch?v=APg2vATmMk0

video commentary “Question and Answer” on the “National Fund for Children” program:

https://www.youtube.com/watch?v=4cKr1VCAvUk

https://www.youtube.com/watch?v=mrV0y37Gjnk

instructions for the “National Fund for Children” website:

https://www.youtube.com/watch?v=VgP3dmMwAHc

https://www.youtube.com/watch?v=jyC2c-HgqpQ

instructions for the implementation of the “National Fund for Children” program:

https://www.youtube.com/watch?v=bqeT41rWecA

https://www.youtube.com/watch?v=pNBSS1VHdWU

UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan “On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan”, ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz)