The Pension Fund has accumulated up to 200 million dollars

2020/01/pensi-1578124450.jpg
Read: 1045     12:00     04 ЯНВАРЬ 2020    

About 563.5 million lari (more than 196.6 million dollars) accumulated in the Pension Fund of Georgia in one year. This is reported by Public television with reference to the Pension Agency.

Since January 1, 2019, the system of accumulative pension has been launched in Georgia.

According to the developed scheme, if the nominal annual income is less than 24 thousand lari (about 8,4 thousand dollars), 6% of the amount of his salary is transferred to the pension account of a citizen: 2% he pays himself, 2% - his employer and another 2% - the state. In the case of an annual salary from 24 thousand to 60 thousand lari (more than 20,9 thousand dollars), the state will transfer only 1%.

According to the pension Agency, to date, the pension system includes about 61.2 organizations and about 959.7 thousand citizens.

The accumulated money will be returned to pensioners with interest-an average of 7% per annum. At the moment, about 17.3 million lari (more than 6 million dollars) have already been credited to the accounts.

Until the moment of return, the state will invest this money in various projects under the control of the National Bank of Georgia. Investments are made by The investment service of the pension Agency.

apsny.ge





Tags:



The Pension Fund has accumulated up to 200 million dollars

2020/01/pensi-1578124450.jpg
Read: 1046     12:00     04 ЯНВАРЬ 2020    

About 563.5 million lari (more than 196.6 million dollars) accumulated in the Pension Fund of Georgia in one year. This is reported by Public television with reference to the Pension Agency.

Since January 1, 2019, the system of accumulative pension has been launched in Georgia.

According to the developed scheme, if the nominal annual income is less than 24 thousand lari (about 8,4 thousand dollars), 6% of the amount of his salary is transferred to the pension account of a citizen: 2% he pays himself, 2% - his employer and another 2% - the state. In the case of an annual salary from 24 thousand to 60 thousand lari (more than 20,9 thousand dollars), the state will transfer only 1%.

According to the pension Agency, to date, the pension system includes about 61.2 organizations and about 959.7 thousand citizens.

The accumulated money will be returned to pensioners with interest-an average of 7% per annum. At the moment, about 17.3 million lari (more than 6 million dollars) have already been credited to the accounts.

Until the moment of return, the state will invest this money in various projects under the control of the National Bank of Georgia. Investments are made by The investment service of the pension Agency.

apsny.ge





Tags: