Pension fund assets exceed GEL 3 billion

14:27, 01.03.2023

Pension fund assets reached 3.13 billion GEL, encompassing 1,377 million people as of February 28, 2023, the Georgian Pension Agency reported on Wednesday.

Over 3 thousand people benefited from the accumulative pension system. The issued money amounts to GEL 8,268,836,39.

The Government of Georgia launched a new pension system known as the accumulated pension program in 2019. Those under the age of 40 who are legally employed are automatically registered in the program, however, enrollment for self-employed individuals and those above the age of 40 is voluntary.

By - Elene Dobordjginidze

Society

Pension Agency