NPFs earn from bonds
21 May 2024
News
Over 2024 Q1, weighted average returns on the pension savings and pension reserves of non-governmental pension funds (NPFs) reached 9.7% p.a. and 7.5% p.a., respectively.
Almost all funds in the compulsory pension insurance system and 25 out of 36 funds offering non-governmental pension provision contracts and long-term savings contracts demonstrated returns exceeding inflation. The income of NPFs was mainly ensured by coupons on debt securities.
More details are available in the analytical material Non-governmental Pension Funds’ Returns in 2024 Q1.
Preview photo: Chekyravaa / Shutterstock / Fotodom