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The document ceased to be valid since September 2, 2015 according to Item 2 of the Order of the Government of the Republic of Kazakhstan of August 7, 2015 No. 617

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of December 29, 2007 No. 1351

About some questions of conducting monitoring of the amounts of actually brought compulsory pension contributions of investors (receivers) taking into account the rate of inflation

(as of March 20, 2009)

1. To the Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan:

1) to perform monitoring of the amounts of actually brought compulsory pension contributions of investors (receivers) taking into account the rate of inflation on the basis of monthly settlement on each investor (receiver), on formula according to appendix 1 to this resolution;

1-1) to perform monitoring of the amounts of compulsory pension contributions of investors (receivers) taking into account the forecast level of annual inflation on each investor (receiver) on formula according to appendix 2 to this resolution;

2) to determine the mechanism of conducting monitoring of the amounts of actually brought compulsory pension contributions of investors (receivers) taking into account the rate of inflation.

1-1. Annually to the 5th following after accounting year to represent to National Bank of the Republic of Kazakhstan (in coordination) to the Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan data on the forecast level of annual inflation the next 3 years.

2. This resolution becomes effective from the date of signing.

 

Prime Minister

Republic of Kazakhstan K. Masimov

Appendix 1

to the order of the Government of the Republic of Kazakhstan of December 29, 2007 No. 1351

Formula of calculation of the amounts of actually brought compulsory pension contributions of investors (receivers) taking into account the rate of inflation

The amount of actually brought compulsory pension contributions of investors (receivers) taking into account the rate of inflation is calculated by formula:

Формула 1 к Пост. Прав. от 29.12.2007 №1351

n - month under report;

Sn - the amount of actually brought compulsory pension contributions of investors (receivers) taking into account the rate of inflation in month of n, in tenge;

In - inflation indicator in month of n in relation to the last month, as a percentage;

Pn - receipt of compulsory pension contributions in month of n, in tenge.

Appendix 2

to the order of the Government of the Republic of Kazakhstan of December 29, 2007 No. 1351

Formula of calculation of the amounts of compulsory pension contributions of investors (receivers) taking into account the forecast level of annual inflation

The amount of compulsory pension contributions of investors (receivers) taking into account the forecast level of annual inflation is calculated by formula:

Формула 2 к Пост. Прав. от 29.12.2007 №1351

Zk - the amount of compulsory pension contributions of investors (receivers) taking into account the forecast rate of inflation in year of k, in tenge;

ik - forecast consumer price index in year of k;

Dk - the amount of receipts of compulsory pension contributions for year of k, in tenge;

k - the predicted year.

 

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