In 2025, from January to December, the Social Fund allocated 22 billion 797.6 million soms from the State Accumulation Pension Fund (GNPF) for various investments, according to the fund's final data.
The largest share of GNPF funds was directed to government securities. Throughout the year, 11 billion 885.4 million soms were placed in government bonds with yields ranging from 12.86 to 16.00 percent per annum.
An additional 5 billion 925.0 million soms were placed in deposits with commercial banks for terms of 12 and 18 months, where the yield ranged from 12.1 to 16.5 percent per annum.
Part of the pension savings was also invested in shares of local companies, totaling 4 billion 987.2 million soms.
For the year 2025, the GNPF received the following income from previously made investments:
- income from government securities — 5 billion 755.8 million soms;
- interest income from deposits — 940.5 million soms;
- income from accrued interest on GNPF account balances — 37.5 million soms;
- other income — 0.4 million soms.
