Tbilisi (GBC) - The Pension Agency of Georgia has estimated the net asset value of the country’s pension fund at GEL 5.1 billion of which money generated exceeded GEL1.1 billion 

The Agency revealed the figure on Tuesday, and said the real - inflation-adjusted - holdings of the portfolios between its launch in August 2023 and May 31, 2024 were as follows:

  • Conservative portfolio: 7.68%
  • Balanced portfolio: 9.72%
  • Dynamic portfolio: 11.04%

The Agency said the pension scheme involved 1.519 million registered citizens, with 10,356 of them having retired since the scheme’s adoption in 2019.

Pension savings withdrawn since the date amount to GEL 35.3 million, the Agency also noted in its figures.