Pillar II totaled net assets of RON7.01 billion, up 4.28% from January. The nine mandatory pension funds had 5.58 million contributors, 0.57% more than in January. The average contribution per participant was of RON34.26 in February 2012, up 7.36% on the month and 24.01% on the year.
Some RON191.04 million was transferred to Pillar II funds in February 2012, up 8% from January. According to CSSPP, contributions paid over the past 12 months amounted to RON2.21 billion.
Pillar III totaled net assets of RON471.41 million at the end of February, up 3.59% from January, and had 265,909 contributors, 0.92% more than in the previous month.
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. (RON1=EUR4.3672)