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18 articole · RSS

Romania Pillar II Pension Funds Got Record High RON9B Contributions in Jan-May 2025
Social/Politics

Romania Pillar II Pension Funds Got Record High RON9B Contributions in Jan-May 2025

In the first five months of 2025, Romania Pillar II private pension funds received contributions worth around RON9 billion, a record high, up 30% from the year-earlier period, which reflect wage hikes and the expanded contributor base.

Liviu Popescu · 08.07.2025 · 09:33 · 1 min
DIGI Group Contributed RON172M To Romania State Budget In Jan-Feb 2022
Technology &Telecoms

DIGI Group Contributed RON172M To Romania State Budget In Jan-Feb 2022

DIGI Group, through the operations of telecommunications company RCS & RDS S.A. and of all its entities operating in Romania, paid RON172 million in taxes and duties to the Romanian state bu...

Ecaterina Craciun · 18.03.2022 · 18:45 · 1 min
Romania To Raise Private Pension Contributions To 4.75% Starting Jan 1, 2024
Social/Politics

Romania To Raise Private Pension Contributions To 4.75% Starting Jan 1, 2024

Romania will raise contributions to mandatory private pension funds (Pillar II) to reach 4.75% of contributors' gross wage from the current share of 3.75%, starting January 1, 2024, the gove...

Ecaterina Craciun · 16.03.2022 · 15:03 · 1 min
Finance Minister Pledges to Raise Private Pension Contributions to 6% in 2021
Banks-Insurance

Finance Minister Pledges to Raise Private Pension Contributions to 6% in 2021

Romania's government will raise contributions to mandatory private pensions (Pillar II) to reach 6% of contributors' gross wage from the current share of 3.75%, finance minister Florin Citu...

Oana Gavrila · 08.01.2020 · 12:21 · 1 min
Mandatory Private Pension Contributions Grow 11.86% in 1H, to RON3.83B
Social/Politics

Mandatory Private Pension Contributions Grow 11.86% in 1H, to RON3.83B

Contributions to the mandatory private pension pillar (Pillar II) totaled RON3.83 billion (EUR822.29 million) in the first half of the year, 11.86% higher compared with the same period a yea...

Oana Gavrila · 05.09.2018 · 17:43 · 1 min
Association: Banking Sector Contributed RON20B To Romania's State Budget In 2012-2016
Banks-Insurance

Association: Banking Sector Contributed RON20B To Romania's State Budget In 2012-2016

The banking sector paid a total RON20.6 billion to Romania’s state budget between 2012 and 2016, in taxes and contributions, according to a study released Tuesday by the Romanian Banking Ass...

Ecaterina Craciun · 16.01.2018 · 16:50 · 1 min
Government Extends Deadline For Increase In Mandatory Private Pension Contributions Until 2017
Banks-Insurance

Government Extends Deadline For Increase In Mandatory Private Pension Contributions Until 2017

The Romanian Government on Wednesday decided to push back to 2017 the deadline by which contributions to the mandatory private pension system (Pillar II) will be increased to a maximum ceili...

Ecaterina Craciun · 09.12.2015 · 18:31 · 1 min
EXCLUSIVE: Mandatory Private Pension Contributions Increase To 4.5% In 2014
Banks-Insurance

EXCLUSIVE: Mandatory Private Pension Contributions Increase To 4.5% In 2014

Contributions to the mandatory private pension system (Pillar II) will increase from 4% to 4.5% of employees’ gross income in 2014, according to Romania’s draft state budget for next year, o...

Oana Gavrila · 07.11.2013 · 11:10 · 1 min
IMF Official: Lowering Social Security Contributions Not Included In Draft Budget For 2014
Social/Politics

IMF Official: Lowering Social Security Contributions Not Included In Draft Budget For 2014

Lowering social security contributions in Romania has not been considered in draft budget for 2014 as wages, pensions and public investments represent a priority and any fiscal relaxation on...

Ioana Tudor · 05.11.2013 · 12:14 · 1 min