The pension system of Kazakhstan: current state and reform directions

One of the key components of state social policy is the quality of pension provision, which reflects the level of responsibility and capability of the current government to ensure protection for citizens who have lost their ability to work due to age or health conditions. The aim of the study is to analyze the main aspects of pension provision in the Republic of Kazakhstan, identify existing problems, assess their impact on the sustainability and adequacy of the pension system, and justify the need for its reform. Research methodology. The article employs general scientific methods of inquiry, including logical and historical approaches, comparative analysis, the method of analogies, and the method of scientific abstraction. Research findings. The analysis of Kazakhstan's current pension system revealed key risks and challenges related to the adequacy of pension assignments and payments, as well as the effectiveness of managing mandatory pension contributions. The study identifies institutional shortcomings in the current pension provision model, caused by changes in the implementation of the conceptual foundations of pension reform. Originality and practical significance of the study. Based on the analysis, previously unexplored causeand-effect relationships of existing pension provision problems have been identified. The authors propose recommendations on several organizational and systemic issues, the implementation of which may contribute to improving the sustainability and adequacy of Kazakhstan’s pension model.