Georgia’s Pension Fund has paid out a total of GEL 201 million to beneficiaries as of October 2026, according to the fund’s latest statistics. The number of beneficiaries reached 38,186, with the average payout amounting to approximately GEL 5,280 per participant.
Payments have increased significantly over the past year as more contributors reach retirement age. During this period, the fund disbursed GEL 89 million, while the number of beneficiaries rose from 24,823 to 38,186. Retirement withdrawals are available from age 65 for men and 60 for women.
As of the end of October 2026, the total value of the Pension Fund exceeded GEL 10.2 billion, representing retirement savings accumulated by 1,594,717 citizens. Of this amount, GEL 7 billion came from contributions, while approximately GEL 3 billion represented investment returns.
Under Georgia’s funded pension system, employees and employers each contribute 2% of an employee’s salary, while the government contributes an additional 2%, bringing total monthly contributions to 6%. These accumulated savings provide a supplementary, second-pillar pension on top of the basic state pension.
