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THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET

of December 29, 2023 No. 98

About approval of Rules of implementation, suspension, renewal and the termination of insurance payments for the agreement of pre-retirement annuity insurance, Requirements to the agreement of pre-retirement annuity insurance and the admissible expense level of insurance company on conducting case on the signed agreements of pre-retirement annuity insurance, Rules of calculation of insurance premium for the agreement of pre-retirement annuity insurance

(as amended on 11-11-2024)

According to items 4 and the 5th Article 23-1 and Item 7 of article 23-2 of the Law of the Republic of Kazakhstan "About compulsory insurance of the worker from accidents in case of execution of labor (office) obligations by it" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Approve:

1) Rules of implementation, suspension, renewal and the termination of insurance payments for the agreement of pre-retirement annuity insurance according to appendix 1 to this resolution;

2) Requirements to the agreement of pre-retirement annuity insurance and the admissible expense level of insurance company on conducting case on the signed agreements of pre-retirement annuity insurance according to appendix 2 to this resolution;

3) Rules of calculation of insurance premium for the agreement of pre-retirement annuity insurance according to appendix 3 to this resolution.

2. To provide to department of the insurance market and actuarial calculations in the procedure established by the legislation of the Republic of Kazakhstan:

1) together with Legal department state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

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