The number of insured persons in the supplementary pension insurance funds reached 4.827 million as of the first nine months of 2021, net assets BGN 18.833 billion.

The Insurance Supervision Department of the FSC announced the results of the supplementary pension insurance activity for the first nine months of 2021. The information was obtained on the basis of reports submitted by the pension insurance companies to 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 30.09.2021 have also been published.

The total number of the insured persons in the four types of funds for supplementary pension insurance as as of 30.09.2021 is 4 827 412 people, increasing compared to 30.09.2020 by 0.37 per cent. As of 30.09.2021, net assets in the amount of BGN 18,833,129 thousand have been accumulated in the supplementary pension insurance funds. Compared to the end of the first nine months of 2020, the net assets of pension funds increased by 14.41 percent.

The total revenues of the pension insurance companies for the first nine months of 2021 amount to BGN 248,545 thousand. The net financial result of the companies as of 30.09.2021 amounts to BGN 73,702 thousand.

During September 2021 the first persons, insured in the universal funds reached retirement age. For the payments due to these persons from the universal pension funds BGN 334 thousand are set aside for lifelong pensions, BGN 824 thousand for deferred and BGN 7 thousand for one-time payments.

The funds set aside for lifelong pensions and deferred payments go to funds for the payment of lifelong pensions and deferred payment funds, from where the respective payments will be made.

More data on the activity of the funds for making payments will be announced as of 31.12.2021. Information on the results of the supplementary pension insurance activity for the first nine months of 2021 and on the insured persons and the accumulated funds in the supplementary pension insurance funds as of 30.09.2021 by gender and age can be found in the section: Markets / Insurance market / Statistics / Statistics and analysis.