The volume of pension fund reached 100 million Georgian Lari. First Channel was informed about the amount by the pension agency. Part of the funds are currently on deposits of commercial banks, while part of them on National Bank account. In the case of the National Bank, the annual interest …
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National Bank Staffs Selection Commission of Pensions Agency’s Investment Board
The selection commission of the investment board of the Pension Agency has been staffed. The National Bank of Georgia has put forward the candidacy of BDO managing partner Zurab Lalazashvili as an independent member of the selection commission. The commission also includes Minister of Economy, Minister of Finance and Health …
Read More »Levan Surguladze: Pensions Contributions are Safer than Other Assets
Interview with Pension Agency Chief Levan Surguladze -Starting January 1, 2019, The Contributory Superannuation Scheme was launched in Georgia. What are the advantages of similar schemes, and why have we introduced a contributory pension system in Georgia at this specific time? -I would ask why we have not we introduced …
Read More »Failure to Upload Photos: Inadequate Pension Agency
The authorities have enforced a contributory superannuation system on January 1, 2019. During 18 work days this year, more than 25,000 private companies were registered in the pension agency system, and more than 300,000 individual pension accounts were opened. According to Levan Surguladze, the head of the Pension Agency, the …
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