Kazakhstan's bold reforms reshape pensions and children's futures under Tokayev
Kazakhstan has undergone major constitutional and social reforms under President Kassym-Jomart Tokayev. A new Constitution, adopted through a national referendum, aims to reshape the country’s identity and priorities. Key changes include stronger human rights protections, social fairness, and a direct link to the nation’s historical roots.
The reforms also introduced new financial programmes, such as the National Fund for Children, which now benefits nearly 7 million young citizens. Meanwhile, millions of adults have accessed pension funds under updated economic laws. The push for reform began in 2019 when President Tokayev ordered a review of pension policies. This led to the Law on Amendments to Certain Legislative Acts Regarding Economic Recovery, passed on January 2, 2021. The law allowed working citizens to use part of their pension savings for specific needs.
Between 2021 and 2025, nearly 4.3 million applications for one-time pension withdrawals were approved. A total of 5.55 trillion tenge was distributed to applicants during this period.
On November 16, 2023, another key law was introduced. It created a system to allocate resources from the National Fund to children, setting up individual accounts for every child under 18. Launched on January 1, 2024, the National Fund for Children programme now covers almost 7 million children. By the end of 2025, each account will hold $130.71.
The new Constitution, shaped by Tokayev’s vision, reflects broader changes. Its preamble emphasises the continuity of Kazakhstan’s thousand-year history, tying modern statehood to the legacy of the Great Steppe. The document also prioritises human rights, social unity, and the concept of a Fair Kazakhstan—a state built on justice and equal opportunity.
Officials say the reforms aim to shift both domestic and international views of Kazakh statehood. The goal is a more inclusive, socially responsible system that balances tradition with modern governance. The reforms have already had tangible effects. Millions of children now have dedicated savings, while adults have gained greater control over pension funds. The new Constitution, with its focus on history and fairness, sets a long-term direction for the country.
Future steps will depend on how these policies are implemented. The government’s next challenge will be ensuring the programmes reach all intended beneficiaries while maintaining economic stability.
