PILLAR II
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Pillar II Private Pension Funds Had Assets RON48.1B End-November
Net assets of mandatory private pension funds in Romania (Pillar II) stood at RON48.1 billion at the end of November 29018, up 23% on the year, according to financial watchdog data.
Association: Government’s Planned Measures For Private Pension Pillar II Throw Romania Into Chaos
The Government’s planned measures for the mandatory private pension Pillar II disband de facto this money saving system, with a devastating impact on Romanians’ future income, the capital ma...
Pillar II Pension Fund Managers See Profit Up 14% to RON163M In 2017
The seven Pillar II private pension fund managers, which manage the savings of about 7.2 million Romanians, ended 2017 with 163 million lei (EUR35 million) net profit together, 14% higher th...
ASF: Average Contribution To Pillar II At RON157.46 In June 2018
On the mandatory private pension segment Pillar II, the average contribution of participants with contributions transferred in June 2018 stood at RON157.46, a slight decrease, of 0.71%, comp...
ASF: Pillar II Net Assets Up 21.21% On Year To RON43.7B 1H/2018
The overall value of net assets reported on June 30, 2018 by mandatory private pension funds Pillar II was RON43.71 billion (EUR9.38 billion), according to a report released Monday by financ...
ASF: Pillar II, Pillar III Assets Up 20.86% On Year To EUR9.8B In 1H/2018
The value of assets managed by the mandatory private pension pillar (Pillar II) and the voluntary private pension pillar (Pillar III) was RON45.6 billion (EUR9.8 billion) at the end of the f...
Private Pension Pillar II To Become Optional, Says Minister
Romanian labor minister Lia Olguta Vasilescu said Monday evening that the country’s mandatory private pension Pillar II will become optional.
Pillar II Pension Funds Own Stock In 31 Romanian Companies
The seven Pillar II (mandatory private) pension funds had 6.9 billion lei (EUR1.48 billion) invested on the Romanian stock market in December 2017, according to the latest data available, 9%...
Ruling Party Leader Denies Plans For Abolishing Pension Pillar II
Romania ruling party PSD leader and Lower Chamber speaker Liviu Dragnea on Monday said there are no plans within the Government or the ruling PSD – ALDE coalition to abolish Pension Pillar I...