Abstract. The author pays special attention to revealing experience in implementing accumulative pension system that has been functioning in the Republic of Kazakhstan from 1998, discusses such problematic aspects of the reform as the insufficient coverage of working people by the pension system, the low yield of accumulative pension funds, etc.; and also considers the possibilities of Kazakhstan pension system modernization.
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Key words and phrases: пенсионная реформа, накопительная модель пенсионной системы, пенсионный возраст, базовый уровень пенсий, пенсионные накопления, пути модернизации пенсионной системы, pension reform, accumulative pension system, retirement age, basic level of pensions, ret
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