The total assets of the private pension system accounted for 12.35% of Romania’s GDP on June 30, 2026.

Pillar II pension funds were managing RON237 billion in assets, 39% more than in June 2025. Voluntary pension funds part of Pillar III, recorded RON78.7 billion assets, an annual growth of 40%.

Average contribution of the participants who had their contributions transferred to a Pillar II fund in June was about RON447/person, 9.6% more than the average amount at the end of 2025. The figure varies from region to region, from a high of RON622 in Bucharest to a low of RON354 in Vrancea.

Contributions transferred stood at RON12 billion in the first half of 2026, an increase of about 9% on the year-ago period. Some RON1.73 billion were paid to 42,229 beneficiaries or participants during the same period.

The privately managed pension fund market is highly concentrated, with the top three funds accounting for 68% of the total assets.

Average contribution to Pillar III stood at about RON166/participant, 0.5% lower than in the year-ago period.

In all, the 17 private pension funds had 9.64 million participants compared with 9.46 million at the end of 2025.

Pillar II has 8.54 million participants, compared with 8.46 million at the end of December 2025. Pillar III has about 1.1 million, compared with 999,000 at the end of 2025.

(English version by Loredana Fratila-Cristescu)