Business Association discusses Accumulation Pension project
Business Association discusses Accumulation Pension project

The project of Accumulation Pension was discussed at Business Association of Georgia. Authors of the draft-bill intoduced entrepreneurs with details of the planned reform.

Activation of the system will cause additional expenses to businesspersons. They will have to transfer 2% of salary money to the pension fund together with employees and state.

The pension system will become activated starting second half of 2018.