Georgia’s Pension Agency says fund’s net asset value at $1.1 bln

The Pension Agency of Georgia has estimated the net asset value of the country’s pension fund at ₾2.97 billion ($1.1 bln).

The Agency revealed the figure on Wednesday, and said the fund’s net assets amounted to 438 million ($162 mln). 

The pension scheme involves 1 million 361 thousand registered citizens, with 2,969 of them retired since the scheme’s adoption in 2019. 

Pension savings withdrawn since the date amount to ₾7,5 million  ($2.8 mln), the Agency also noted in its figures.