The Social Insurance Supervision Department of the FSC announced the preliminary results of the supplementary pension insurance activity for 2021. The information was obtained on the basis of the reports and references submitted by the pension insurance companies to the Financial Supervision Commission. The data on distribution of insured persons by sex and age in the pension funds as of 31.21.2021 have also been published.

The total number of insured persons in the four types of pension funds as of 31.21.2021 is 4,849,754 people, increasing compared to 31.21.2020 by 0.64 per cent.

As of 31.12.2021, the net assets of the pension funds amount to BGN 19,557,121 thousand. Compared to the end of 2020, the net assets of pension funds increased by 13.08 percent.

The total revenues of the pension insurance companies for 2021 amount to BGN 311,101 thousand. The net financial result of the companies for 2021 amounts to BGN 75,219 thousand.

By the end of 2021, 7 lifelong pension payment funds (LPPFs) and 9 deferred payment funds (DPFs) have been established. During the period 01.09.2021 – 31.12.2021 a total of 270 pension contracts were concluded for payment of additional lifelong old-age pension and 1 863 contracts for deferred payment of funds with the first persons insured in the universal pension funds who have reached retirement age. . In order to make payments to these persons during the period 01.09.2021 – 31.12.2021, BGN 4,491 thousand were transferred from their individual accounts to the LPPFs and BGN 8,625 thousand to the DPFs. During the same period, BGN 52,000 was paid for pensions by the LPPF, and BGN 596,000 was paid by the DPFs for deferred payments to insured persons and BGN 8,000 once to heirs of insured persons who received deferred payments.

Funds in the amount of BGN 58,000 were once paid from the universal pension funds to insured persons who have reached retirement age.

Information on the preliminary results of the supplementary pension fund and payment fund activity for 2021 and on the insured persons and the accumulated funds as of 31.12.2021 by sex and age are available in the section: Social Insurance activity / Statistics / Statistics and analysis.