The second highest contribution was paid in February and stood at RON19,600. Two RON12,666 Pillar III contributions were transferred in March and April, respectively.
At the end of April, the highest individual account of a participant to Pillar III reached RON154,795.03, from RON141,046.26 in December 2010, the data showed.
According to CSSPP, 8,339 people contributed to two voluntary private pension funds at the same time (3.55% of total Pillar III contributors) in April 2011, compared to 7,387 in December 2010 and 4,578 in December 2009.
Data released by the institution also show that 123 people contributed in April to three Pillar III funds at the same time, from 104 people in December 2010 and 43 in December 2009.
Voluntary pension funds’ net assets totaled RON372.3 million in April, up 2.5% on the month, and the number of contributors reached 234,939.
According to CSSPP, 52.78% of contributors had their voluntary pension contributions paid by their employers, 34.86% paid their contributions themselves and 12.36% paid their contributions together with their employers.
About 65.36% of the assets on Pillar III were invested in state treasuries in April.
The first contributions to voluntary pension funds were made in May 2007. (EUR1=RON4.1298)