Pillar II money is the second most valuable financial asset of the population, after banking deposits.
APAPR has this summer celebrated 20 years of activity.
(English version by Catalina Apostoiu)
Social/Politics
Romania Pillar II Pension Funds Reach Record High EUR30B Assets
The seven Pillar II private pension funds in Romania, in which 8.2 million Romanian employees contribute with part of their monthly gross income for private retirement savings, have reached record high assets worth EUR30 billion (RON150 billion), announced the Romanian association for private pensions APAPR.