AYFB: Reform of the pension system model is necessary

Tbilisi. ''The Association of Young Financiers and Businessmen – AYFB'' talks about the necessity of reform of the pension system and makes the analysis of the model, proposed by the government.
''f a retired person decides to spend the accumulated amount during 20 years, s/he will have to take GEL 345 per month in real terms, while it’s needless to say that the nominal course will be much higher. In addition to this, if a citizen decides to opt for example 8% of the contribution instead of 6%, taking into account the same economic indicators s/he will receive GEL 465 per month in 30 years '' – is stated on the web-page of the organization.
In full…
Source: afba.ge

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