Proposal for Pension System Alteration in Kazakhstan Discussed
Revamped Article:
Serving the nation should be a rewarding gig, right? That's the gist of what Marat Daueshov, Deputy Chairman of the Agency of the Republic of Kazakhstan for Civil Service Affairs, is pitching. According to reports by "Kazinform", he suggests revamping the pension system for civil servants to create a more attractive and secure environment for top-notch professionals.
Daueshov argues that civil servant salaries need to be complemented with social perks to really make it enticing. He highlights the example of France, where civil servants enjoy a significant social package including high child allowances, transport discounts, and cheap loans. In the UK, things aren't shabby either, with civil servants enjoying high pension contributions due to increased pension contributions.
Comparatively, Japan, Germany, and Australia also pamper their civil servants with enhanced social benefits and pension packages. For instance, Germany's Beamte (civil servants) receive pensions amounting to about 71.75% of their final salary after 40 years, tax-funded and non-contributory. Meanwhile, Australian public sector employees often have hybrid pension schemes, offering higher employer contributions.
Currently, there's no preferential treatment for civil servants in Kazakhstan's pension contributions. However, Daueshov is concerned that the funds saved through pension funds don't offer substantial retirement benefits considering inflation and the rise in living standards. His suggestion? Boost the percentage of social contributions at the state's expense and make additional calculations for each year of service in the civil service.
This adjustment could mirror the treatment given to military personnel in Kazakhstan, where similar norms are already in place. It's about time we create a more rewarding and appealing civil service for those who desire to serve, says Daueshov. After all, we want the best folks working for the nation, don't we?
- Marat Daueshov, Kazakhstan's Deputy Chairman for Civil Service Affairs, proposals to enhance the pension system for civil servants could serve as a means to create a more appealing environment for top-notch professionals.
- To make the civil service more enticing, Daueshov suggests complementing civil servant salaries with social perks, including boosting the percentage of social contributions at the state's expense and additional calculations for each year of service.
- The revamped pension system in Kazakhstan could mirror the treatment given to military personnel, as similar norms are already in place, with the aim of making the civil service more rewarding.
- In the pursuit of attracting the best professionals, the financial sector, including business and finance, could potentially see benefits from a more stable civil service due to improved pension and social benefits packages.
