site.btaAverage Return of Bulgaria’s Universal Pension Funds Reaches 7.48% Over Past Two Years

The average annual return of Bulgaria’s universal pension funds stood at 7.48% for the 24-month period ending September 30, 2025, according to data from the Financial Supervision Commission (FSC). The regulator reported that, between September 29, 2023, and September 30, 2025, all mandatory pension funds achieved returns above the minimum benchmark for their respective category.

At its meeting on Thursday, the FSC set the minimum rate of return from the management of universal pension fund assets for the preceding 24-month period at 4.72% on an annual basis, as of the end of September 2025.

Funds outperforming the average return include Toplina (8.95%), OBB (8.94%), Allianz Bulgaria (8.51%), DallBogg: Life and Health (8.39%), DSK-Rodina (8.28%), and Doverie (8.14%).

Among the funds with lower but still positive returns, Budeshte reported 6.44%, CCB-Sila 5.87%, Saglasie 5.78%, and POI 5.45%.

For the same 24-month period, professional pension funds achieved an average annual return of 7.70%, while voluntary pension funds recorded an even higher average of 8.69%.

In comparison, for the period from June 30, 2023, to June 30, 2025, the FSC registered average annual returns of 6.25% for universal funds, 6.34% for professional funds, and 7.09% for voluntary funds