"The importance of the accumulative pension will increase in the future, both for the economy and in terms of social protection of the population," - the Chairman of the Budget and Finance Committee, Irakli Kovzanadze stated at a meeting with the Head of the Pension Agency, Giorgi Danelia.

According to I. Kovzanadze, the pension scheme can be divided into three directions: accumulative pension, private pension funds and universal pension.

"The importance of the accumulative pension from this list is growing on a daily basis. At this stage, the value of pension assets is fixed at 1 bln 420 mln GEL, including accrued benefits 148.8 mln, and 1 mln 145 808 registered beneficiaries”, - I. Kovzanadze noted.

G. Danelia informed the MP about the outcome of the Agency’s endeavors and the future plans.