Page 29 - BES2016_ING
P. 29

Individual Pension System 2016 Progress Report

Distribution of Participants according to Number of Contracts Owned

      1 Contract                            Other                 2 Contracts          Distribution of participants according
      77.3%                                 22.7%                       15.6%          to number of contracts they hold as of
                                                                                       2016 year-end. 77.3% of participants
G.37                                                                3 or More          have only one contract in the system,
                                                                     Contracts         while 15.6% have two contracts and
                                                                                       7.1% have at least three contracts.
                                                                          7.1%         However 25.5% of the participants’ fund
                                                                                       amount for contracts in force owned by
                                                                                       participants who have two contracts and
                                                                                       25.4% owned by participants who have
                                                                                       at least three contracts.

Distribution of Participants according to Contract Types

      Individual Pension                                          Group Individual     Distribution of participants according
      Contracts                                                   Contracts            to type of contracts they own as of
                                                                                       2016 year-end. Areas of intersection
                                    72.24%    2.77%  16.59%                            refer to participants who have more
                                                                                       than one type of contract. 72.24%
                                              0.39%                                    of participants have only individual
                                                                                       pension contracts, while participants
                                       0.81%         3.07%                             with only group individual contract
                                                                                       is 16.99% and participants with only
G.38  Noncontributory Group                   3.73%                                    noncontributory group contracts are
      Contracts                                                                        3.73%. 0.39% of participants have all
                                                                                       three types of contracts.

Distribution of Participants and Participants’ Fund Amount
according to Gender and Contract Types

                                                            Ratio of Participants (%)  Ratio of Participants’
                                                                                         Fund Amount (%)

      Contracts’ Type                                       Male  Female               Male  Female
      Individual Pension Contracts                          60.5    39.5
                                                                                       56.3 43.7

      Group Individual Contracts                            51.8  48.2 53.4                  46.6

      Noncontributory Group Contracts                       66.6 33.4 62.7 37.3

T.1   Total                                                 59.2  40.8                 56.0  44.0

      Distribution of participants and participants’ fund amount of contracts in force as of 2016 year-end, according to their
      “Gender” and “Contract Types”.

                                                            27 Individual Pension System Data
   24   25   26   27   28   29   30   31   32   33   34