NPFs show positive returns: first nine-month results
17 November 2023
News
Over the first nine months of 2023, weighted average returns on the pension savings and pension reserves of non-governmental pension funds (NPFs) reached 8.1% (10.9% per annum) and 7.5% (10.1% per annum), respectively.
All NPFs had positive returns. Additionally, returns above inflation were posted by 19 out of 27 funds operating in the mandatory pension insurance system and by 19 out of 35 funds engaged in the non-governmental pension provision.
More details are available in the material Non-governmental Pension Funds’ Returns for the first nine months of 2023.
Preview photo: dubassy / Shutterstock / Fotodom