According to the amendments made to the draft law "On Accumulated Pension" by the Parliament of Georgia", the portfolio distribution process will be enacted from January 3, 2024, - the Pension Agency reports.
"In particular, from January 3, all those who did not make a decision between August 6, 2023 and September 6, 2023, will return to the conservative (less risky) portfolio.
After the mentioned change, all participants of the scheme will have the right to change their investment portfolio every 12 months," the pension agency said in a statement.
