Final results of the supplementary pension insurance activity for 2020

The Social Insurance Supervision Department of the FSC announced the final results of the supplementary pension insurance activity for 2020. The information was summarized on the basis of the audited annual financial statements and the annual statements for supervision purposes for 2020, submitted by the pension insurance companies to the Financial Supervision Commission. The data on distribution of insured persons by sex and age as of 31.12.2020 have also been published.

The total number of insured persons in the four types of pension funds as of 31.12.2020 is 4,819,139 people, increasing compared to 31.12.2019 by 1.18 per cent.

In the system of the supplementary pension insurance as of 31.12.2020, BGN 17,294,294 thousand of net assets have been accumulated. Compared to the end of 2019, the net assets of pension funds increased by 10.67 percent.

The total revenues of the pension insurance companies for 2020 amount to BGN 217,338 thousand and increased by 9.02 per cent compared to the reported revenues for 2019. The net financial result of the companies as of 31.12.2020 amounts to BGN 55,955 thousand

Detailed information on the final results of the supplementary pension insurance activity for 2020 and on the insured persons and the accumulated funds as of 31.12.2020 by sex and age are available in the section: Social Insurance Activity/ Statistics / Statistics and analysis / 2020.