As of 28 December 2020, Georgia’s pension fund’s assets amount to 1.2 billion GEL, including 103 million GEL as an interest – such are the official numbers provided by the Pension Agency.
According to the Agency, 606 people have gained access to their pensions up to date. Namely, 264 people have reached the pension age; 1 person has moved abroad for permanent residence; 257 are persons of limited capabilities; 84 with hereditary purpose.
“The number of participants of the pension scheme is growing on a daily basis and amounts to 12 thousand on average per month” – the agency stated.
According to the Agency, assets are fully denominated in GEL with the 10.9% annual effective interest rate.
