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Welcome to TELA’s website

We are an association looking after the interests of insurers providing statutory earnings-related pensions. Our mission is to strengthen the earnings-related pension system and to influence the sector’s general operating environment.

Pension assets increased during the second quarter of the year

The highly favourable trend of listed shares – and especially other equity investments – had an impact on the growth of assets during the first half of the year.

Amount of assets 241 EUR billion


Return in real terms 7.7 per cent



Transfer statistics 3/2021 published

The number of earnings-related pension insurance policies transferred from one pension insurance company to another totalled almost 4,200 July-September: transfers…