Pension Fund Unit

A unit representing the value of assets owned and managed by a pension fund. Units reflect the proportional share of each insured person in the total value of the fund. They are calculated daily, with the value of one unit determined by dividing the net asset value of the fund at a given moment by the total number of issued units. The accumulated funds in a number of individual account are represented as a number of units, which are multiplied by the current unit value to determine the current value of the account.