of February 26, 2014 No. 32
About approval of Translation rules of pension accruals in insurance company under the agreement of retirement annuity
According to the Law of the Republic of Kazakhstan of January 10, 2014 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning social security" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed Translation rules of pension accruals in insurance company under the agreement of retirement annuity.
2. This resolution becomes effective after ten calendar days after day of its first official publication and extends to the legal relationship which arose since January 1, 2014.
Chairman of National Bank
K. Kelimbetov
Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of February 26, 2014 No. 32
Translation rules of pension accruals in insurance company under the agreement of retirement annuity (further - Rules) are developed according to the Law of the Republic of Kazakhstan of June 21, 2013 "About provision of pensions in the Republic of Kazakhstan" (further - the Law) and determine procedure for transfer of pension savings in insurance company by the agreement of retirement annuity.
1. In these rules the concepts provided in the Law and also the following concepts are used:
1) Fund sender:
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The document ceased to be valid since November 8, 2022 according to Item 2 of the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of October 20, 2022 No. 73