site.bta60,390 Apply to Switch Pension Fund in July-September

NW 16:55:31 06-12-2019
BR1702NW.116
ECONOMY-REGULATOR-PENSION FUNDS-THIRD QUARTER

60,390 Apply to Switch
Pension Fund
in July-September


Sofia, December 6 (BTA) - In the third quarter of 2019, a total of 60,390 applications were filed to switch between second pillar pension funds, said the Financial Supervision Commission on Friday.

Having a pension insurance with a private pension fund - in addition to the mandatory public pension insurance - is required in Bulgaria.

A total of 52,858 applicants switched their fund and a total of 175,075,968 leva were transferred between funds.

Between January and September a total of 161,543 individuals transferred their individual accounts to another fund. A total of 519,459,602 leva were transferred. RY/PP
/БР/



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