According to CSSPP, the number of Pillar II and Pillar III contributors increased by 0.3% to 5.55 million in May.

Mandatory private pension funds reported net assets of RON5.18 billion at the end of May, up 2.46% on the month.

The nine mandatory pension funds had 5.31 million contributors last month, compared to 5.29 million in April.

About 67.04% of the assets on Pillar II were invested in state treasuries and some 13.49% of assets were placed in shares.

Voluntary pension funds’ net assets totaled RON375.74 million in May, up 0.9% on the month.

The number of Pillar III contributors stood at 237,673 last month, up from 234,939 in April.

The first contributions to voluntary pension funds were made in May 2007, while the first contributions to the mandatory pension funds were made a year later. (EUR1=RON4.1756)