Slovenia Insurance Supervision Agency reports 2024 guaranteed pension subfund returns of 2.4% to 6.2% and notes the 2025 minimum guaranteed return of 1.26%

The Slovenia Insurance Supervision Agency published an overview showing that insurers and pension companies under its supervision achieved returns well above the statutory minimum guaranteed return in guaranteed pension subfunds in 2024. Reported annual returns ranged from 2.4% to 6.2%, compared with a minimum guaranteed return of 1.05% for January to December 2024, and it referenced the minimum guaranteed return for January to December 2025 at 1.26% per year. The minimum guaranteed return applies to subfunds intended for the oldest age group of pension fund members and follows an investment policy aimed at ensuring a minimum guaranteed return on net contributions to supplementary insurance, while other subfunds do not have a guaranteed return. The statutory minimum is calculated as 40% of the average yield to maturity on Republic of Slovenia government securities with maturities longer than one year, using annual averages over the preceding 24 months and applying the result for 12 months (January to December); only securities issued by the Republic of Slovenia, listed on organised markets, and with at least one year remaining to maturity as of 31 December are included. The note also indicates that supervised insurers and pension companies may set equal or higher minimum guaranteed returns in their pension plans, with guaranteed-return parameters ranging from 40% to 60% of the relevant government securities yield average.