Kazakhstan Near Bottom of Retirement Comfort Ranking
Photo: Pixabay
Kazakhstan was near the bottom of a ranking of countries for comfortable retirement. Analysts placed the country in 77th place out of 89 — below China and Turkey, but above Iran, Orda.kz reports.
According to EnergyProm, the authors of the U.S. News & World Report ranking surveyed almost 17,000 people and assessed countries based on the cost of living, taxes, climate, healthcare, and comfort level.
Kazakhstan took 77th place out of 89 — between Ghana and Azerbaijan. Below Kazakhstan are Uzbekistan, Ukraine, Belarus and Russia. Iran came last.
European countries, as well as New Zealand, Australia and Canada, are at the top of the list.
According to the ENPF, 15.3 million people receive a pension in Kazakhstan. Almost 40% of ENPF depositors surveyed in 2024 said pension savings were their main hope for old age — more than four years earlier. Every fourth Kazakhstani counts on a state pension; 15.6% count on other savings, and 11.6% rely on their own business.
Earlier, the Orda.kz reported that Kazakhstan’s pension and social system suffers from hundreds of billions in inefficient spending, dozens of systemic errors, and fraudulent schemes involving fictitious income.
Original author: Saule Abdykamit
Read also:
Latest news
- Kazakhstan to Build 3 Billion Tenge Dam Along Lake Alakol
- From Driverless Trucks to Car Leasing: What Kazakhstan’s Government Discussed Today
- Kazakhstani Gets 3 Years for Fake Army Abuse Story
- Almaty Man Beaten After Being Mistaken for a Drug Courier
- PIN Code Parcel Pickup and Hybrid Mail: Kazakhstan Changes Postal Rules
- Kazakhstan Schools to Bring In Officers for New Constitution Classes
- Kazakhstanis Rescue Two Pelicans Exhausted by Extreme Heat
- 719 Million Tenge Tobol River Sand Mining Case Goes to Court
- Which Kazakh Product Is Finding New Buyers Abroad?
- Kazakhstan Seeks UNESCO Status for Mangystau Rock Mosques
- Fire Breaks Out in Almaty Region Mountains
- 19 Forest Fires Reported Across Kazakhstan’s Protected Areas
- Patient Fined for Threatening Kostanay Medical Worker
- Six Die from Gas Poisoning During Sewer Repairs in Pavlodar Region
- Kazakhstan Considers FIA Grade 1 Racetrack in Atyrau
- Drone Attacks Continue at CPC Terminal: Another Oil Tanker Hit
- Pension Savings Will No Longer Receive Inflation Compensation
- Kazakhstan to Expand Three Refineries and Build a New One
- Kazakhstan Resident Wins Court Battle Over Jennifer Lopez Ticket
- Kazakhstan Extinguishes Four Forest Fires as Heat Continues
