Assets of the Georgian pension fund have reached GEL 1.1 million. This amount covers the pensions of 1 million citizens.
According to the Pension Agency, the annual effective interest rate is 11.1%.
Pension Agency approved investment policy document in October, which details a process of investing pensions and sets specific demands for the financial instruments to be eligible.
Pension Agency approved investment policy document in October, which details a process of investing pensions and sets specific demands for the financial instruments to be eligible.
Today 100% of pension investments are denominated in GEL. 70.8% of these funds are allocated in Georgian depositary certificates.
