Kazakhstan sets retirement age for women at 61 till 2028

NUR-SULTAN. KAZINFORM Retirement age for women in Kazakhstan will be at 61 till 2028, according to President Kassym-Jomart Tokayev who said it at the joint sitting of the Parliament chambers today.

photo: QAZINFORM

In his words, the country’s pension system needs to be rebooted. «The minimum basic pension rate should be raised up to 70% against the subsistence minimum, while the maximum basic pension rate should be 120%,» he noted.

Together with earlier adopted measures, this decision will let increase cumulative pension by 27% in average by 2025.

«With the consideration of a wide social demand, retirement age for women will be at 61 till 2028. We should develop an effective investment strategy of the Unified National Pension Fund,» Tokayev added.


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