Bulgarian Association of supplementary pension security companies
Announcement / BADDPO publications / BASPSC in the media / International news and events / News / Papers and presentations / Research and statistics
PensionsEurope report 2022 – Trends and developments in funded pensions
Key findings:
*Assets of euro area pension funds continued growing more than their liabilities until the end of 2021, increasing their aggregate funding ratio.
*Through recent increase in interestrates, liabilities of pension funds have decreased more than their assets.
The Insurance Supervision Department of the FCS announced the preliminary results of the supplementary pension insurance activity as of December 31st, 2021. The information was obtained on the basis of reports, submitted by the pension insurance companies of the Financial Supervision Commission. The data on the distribution of the insured persons by sex and age in the supplementary pension insurance funds as of December 31st, […]
The total number of the insured persons in the four types of funds for supplementary pension insurance as of 31st of December, 2021 is 4 849 754 persons, increased compared to September 30th, 2021 by 0.64 per cent.
As of December 31st, 2021, net assets amounting to BGN 19,557,121 thousand have been accumulated in the supplementary pension insurance funds. […]
The net assets of the Bulgarian private pension funds increased by 3.8% QoQ (+BGN 724m) and by 13.1% YoY (+BGN 2.3bn) to BGN 19.6bn as of end-2021, according to data released by the Financial Supervision Commission. The contributions during the quarter came to record high of BGN 536m while the total number of insured individuals in all 4 types of pension funds was 4.8m at end-2021, […]
The FSC data at the end of December 2021 show higher levels of the achieved two-year return on funds, namely the weighted average return for two years, which for UPF reaches 2.94%, for PPF 3.29% and for VPF 4.34%, compared to the data for the previous quarter of 2021. By the end of September 2021 these indicators had reached the following values for the period 30.09.2019 – […]
Consumer Trends Report 2021 – EN
We would like to inform you that today EIOPA published the 2021 Consumer Trends Report. You can find the report attached or download it here.
The report covers both the insurance and the pension sectors, identifying market developments, trends, and (new) risks for consumers and members/beneficiaries. […]
Longevity and equality between the generations in the supplementary mandatory pension insurance in Bulgaria
by Ioannis Kotsianos, FSA, CERA
Estimates of mortality and distribution of surplus between generations in order to ensure sustainability and fairness in the payment of pensions
The payment of the pensions from the Supplementary Mandatory Pension Insurance is becoming more and more relevant with the approach of the time for the first payments of the funds accumulated on the accounts of insured persons. […]
