As of May 17, the value of total pension assets exceeded GEL 5 billion, with total generated funds per person reaching GEL 3,739 on average, the Georgian Pension Agency announced on Friday.
Currently, 99% of the population's pension savings, or 4.9 billion GEL, are placed in low-risk investment portfolios.
According to the agency’s information, 80% of the mentioned portfolio is invested in Georgian investment assets, and 20% is denominated in foreign currency and investments are made through it on the international stock exchange. Accordingly, 57% of the portfolio is in GEL deposit of certificates of Georgian banks, 16% - in Georgian treasury bonds, 18.7% - in global corporate shares, 6.5% - in bank current accounts, 0.9% - in local corporate bonds, and 0.5% - in Eurobonds.
