of June 7, 2023 No. 45
About approval of the standard agreement of retirement annuity, establishment of the Method of calculation of insurance premium and insurance payment from insurance company under the contract of retirement annuity, admissible expense level of insurance company for conducting case on the signed agreements of retirement annuity, and also rate of indexation of insurance payment
According to the subitem 5) Article 15 and Item 11 of article 226 of the Social code of the Republic of Kazakhstan Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market
1. Approve the Standard agreement of retirement annuity according to appendix 1 to this resolution.
2. Establish the Method of calculation of insurance premium and insurance payment from insurance company for the agreement of retirement annuity according to appendix 2 to this resolution.
3. Establish:
1) the admissible expense level of insurance company, branch of the insurance nonresident organization of the Republic of Kazakhstan on conducting case on the signed agreements of retirement annuity in the amount of no more 1,5 (one and a half) percent from the size of insurance premium and 3 (three) percent from each insurance payment;
2) rate of indexation of insurance payment in the amount of at least 7 (seven) percent.
4. Recognize invalid some regulatory legal acts of the Republic of Kazakhstan, and also separate structural elements of regulatory legal acts of the Republic of Kazakhstan according to the list according to appendix 3 to this resolution.
5. To provide to department of the insurance market and actuarial calculations in the procedure established by the legislation:
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