Dear site visitors

JSC State Social Insurance Fund!

15 years ago, on April 25, 2003, the Law “On Compulsory Social Insurance” was adopted.

According to the Law, from January 1, 2005, compulsory social insurance was introduced in the Republic of Kazakhstan, which is an additional level of social protection for the working population.

The past years and accumulated experience allow us to say that the system of compulsory social insurance has confirmed its necessity by making social payments from the State Social Insurance Fund (SSIF) to participants in the system of compulsory social insurance in the event of social risks.

SSIF, being the operator of the system of compulsory social insurance, accumulates social contributions and makes social payments.

Social contributions are paid to the SSIF at a rate of 3.5%. I want to emphasize that social contributions are not deducted from employees' salaries, but are transferred at the expense of employers' own funds.

Social contributions received by the SSIF are spent only for their intended purpose: for social payments in cases of disability, loss of a breadwinner, loss of work, pregnancy and childbirth or in connection with the adoption of a newborn child (children), as well as in connection with child care up to 1 year.

For the entire period of the functioning of the system of compulsory social insurance, almost 950 billion tenge was paid out of the SSIF, and 3,905,697 people became recipients of social payments.

Today, the system of compulsory social insurance has become the most important and necessary element of the socio-economic relations of modern Kazakhstan. Social insurance covers only people who live off their own labor, whose main source of livelihood is wages or business income.

The SSIF is designed to support the working population, and social contributions are a guarantee of insurance against possible social risks.

Dyusenova S.S., President of JSC "SSIF"