The following shall be effective from 1 January 2024:

1) the minimum wage – KZT 85,000;

2) the minimum size of the state basic pension payment – KZT 28,215;

3) the minimum pension – KZT 57,853;

4) the monthly reference index – KZT 3,692;

5) the subsistence level for calculating the amounts of basic social benefits – KZT 43,407.

 

The foregoing rates have been approved by Article 9 of the Law of the Republic of Kazakhstan No. 43-VIII dated 05 December 2023 “Concerning the Republican Budget for 2024 – 2026”.