Sole Shareholder
There is the only shareholder as supreme authority of the Fund.
The rights and obligations of the sole shareholder of the Fund are established by the Law of the Republic of Kazakhstan dated May 13, 2003 No. 415 “On Joint-Stock Companies”, taking into account the restrictions established by the Social Code of the Republic of Kazakhstan.
The sole founder and participant of the Fund is the State represented by the Government of the Republic of Kazakhstan.
In accordance with the Resolution of the Government of the Republic of Kazakhstan of February 27, 2004 №237 “On the establishment of the State Social Insurance Fund Joint-Stock Company”, the ownership and use rights of the state-owned shareholding are transferred to the Ministry of Labor and Social Protection of the Republic of Kazakhstan.