As of August 2026, the size of the Georgian Pension Fund exceeded 9.7 billion GEL, according to information published by the fund itself. According to the report, this amount represents the pension savings of 1,568,129 citizens, meaning the average savings per participant in the system stands at 6,204 GEL.
Over the past year, the size of the portfolio grew by 2.5 billion GEL.The Pension Fund's assets are distributed across three distinct portfolios: the conservative portfolio, which holds 98.7% of the funds (9.60 billion GEL); the balanced portfolio with 55.3 million GEL; and the dynamic portfolio with 67.3 million GEL.Furthermore, the conservative portfolio holds the pension savings of 1,557,876 system participants, while the balanced portfolio accounts for 5,162 participants, and the dynamic portfolio includes only 5,091 participants.
Savings for all citizens in the system are automatically placed in the conservative portfolio, while transfers to the other two portfolios can be made by personal choice, which citizens can register at the Pension Fund office or the Public Service Hall.
Regarding the differences between these portfolios—national currency assets dominate the conservative portfolio, consisting of certificates of deposit issued by Georgian banks and treasury bonds, while 19.1% of the funds are invested in foreign currency assets, mainly comprising international stock indices.
In the balanced portfolio, the share of GEL assets is 63%, with the remainder in foreign currency. In the dynamic portfolio, GEL assets account for 44.2%, with the rest allocated to foreign currency assets, primarily consisting of stock indices. Consequently, the dynamic portfolio holds the largest share of pension savings exposed to the global stock market. From January through July 2026, the dynamic portfolio yielded the highest return among these portfolios at 7.45%; the balanced portfolio achieved a return of 7.18%, while the conservative portfolio returned 6.79%.
Under Georgia's current accumulated pension legislation, all employers are required to enroll their employees in the accumulated pension system.Employers are obliged to contribute an amount equal to 2% of the employee's salary, another 2% is paid by the employee, and the state directs 2% from income tax into the pension fund.
Consequently, a total amount equal to 6% of the salary must be transferred monthly to the pension fund, on which the fund generates returns in the form of investment income.
