Establishment of Lifelong pensions payment fund „DallBogg: Life and Health”

Establishment of Lifelong pensions payment fund „DallBogg: Life and Health”

On 23.06.2022, with the signing of the first contract for payment of an additional lifelong pension to a person insured in the Universal pension fund „DallBogg: Life and Health”, the Board of Directors of Pension assurance company „DallBogg: Life and Health” took a decision to establish a Lifelong pensions payment fund „DallBogg: Life and Health”.

Today, by Decision №546-FIPP dated 30.06.2022, the Financial supervision commission entered Lifelong pensions payment fund „DallBogg: Life and Health” in the register under Article 30, paragraph 1, item 13 of the Financial supervision commission act.

The amount of the monthly payments cannot be less than 15 percent of the minimum amount of the retirement pension under Article 68, paragraph 1 of the SIC.

The rules of Lifelong pensions payment fund „DallBogg: Life and Health” can be found here.