BAKU, Azerbaijan, Nov. 13
By Tamilla Mammadova – Trend:
The value of the pension fund amounted to more than 1.77 billion lari ($540.2 million) as of November 13, 2020, in Georgia, Trend reports via Georgian media.
The number of registered citizens has exceeded 1.86 million. Some 560 people benefited from the pension.
Among them: based on reaching retirement age - 244 participants, based on moving abroad for permanent residence - 1, based on the status of a person with disabilities - 241, and 74 persons exercised the right of an heir.
The number of people involved in the pension scheme is growing daily and has averaged more than 12,500 over the last three months.
Pension savings have already accrued benefits of up to 102 million lari ($31.1 million).
Retirement assets are placed at an effective 11.1 percent per annum.
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