This article analyzes the aspects of improving the pension provision of citizens of
Kazakhstan, the direction of reforming the pension system. As in the whole world, the pension
system of Kazakhstan is characterized by a significant number of problems, while the identification
and timely elimination of problems affects the effective pension provision of citizens.
The purpose of this study is to determine the extent of the guarantee provided to citizens
in the pension system in the context of public administration.
Analysis of the results of the study allowed the authors to draw a number of conclusions,
such as: ongoing processes in the pension system require an equitable distribution of
responsibility for the safety of pension savings, including the separation of investment risks;
the need to ensure the profitability of pension savings; ensuring equal conditions in the
acquisition of pension annuities; equivalence of income, pension contributions and level of
pension savings; improving public pension management systems.
These recommendations will have a positive effect on the pension provision of citizens
using the principles of change management.
