The annual growth rate was 21.21% relative to lei, and 18.42% relative to euro, and the increase versus December 2017 was 9.99% relative to lei, and 9.96% relative to euro, the report also reads.

Contributions for 4.04 million people were transferred in June 2018, accounting for 56.48% of overall participants in Pillar II. In June 2017, contributions for 4.06 million were transferred, accounting for 58.66% of participants and 84.05% of employees.

Between June 2017 and June 2018, the month in which contributions were transferred for most people, 4.14 million, was November 2017, but the month with the highest representation among participants, of 59.44%, was August 2017, when the 4.13 million people accounted for 85.07% of employees.

March and April are the months in which contributions were transferred for the fewest people, with the former accounting for 56.51% of participants (82.22% of employees) and the latter accounting for 56.34% of participants (81.91% of employees).

„Between June 2017 and June 2018, the monthly increase in the number of participants saw an upward trend until December 2017 (0.60% – maximum value), followed by a constant decrease in values until May 2018 (0.11%- minimum value), with a slight revival in June 2018 (0.17%)”, as per the report.

A total 106,493 new participants were registered in the pension system in the first half of 2018, 11.29% fewer than in the year-earlier period.