The Deputy Chairman of the Financial Supervision Commission (FSC) as Head of the Social Insurance Supervision Division, on the grounds of art. 6 para.3 of Ordinance No. 19 of December 8, 2004 and on the grounds of art. 17, para.1, item 5 of the FSC Act, approved a technical interest rate of 3 (three) per cent, which shall be applied by the Pension Security Companies which manage a Universal Pension Fund and/or a Supplementary Voluntary Pension Fund , when calculating the pension reserves as of December 31, 2006.