Since their launch in May 2008, Pillar II funds received gross contributions worth RON10.47 billion. Following investments, net assets on this segment rose to RON12.75 billion at the end of September 2013.
The number of Pillar II contributors was 5.95 million at the end of September.
Pillar II funds’ annual average yield has reached 11.7%.
The number of contributors on the Pillar III segment was 305,000 at the end of September, but less than half of them pay their contributions monthly.
Net assets on this segment exceeded RON750 million (EUR168 million) at the end of the first nine months, up 35% on the year.
The first contributions to voluntary pension funds were made in May 2007. The annual average yield on this segment reached 8.2% since that time. (EUR1=RON4.4306)