A total 736,606 Romanians voluntarily contribute to Pillar III, with a monthly amount of their choice, and only 355,000 of them paid contributions in March 2024. They paid gross contributions of RON56 million, up 2% versus February 2024, with the average contribution standing at RON159 per participant. The average value of an account is RON6,822 per participant, compared to RON6,694 in February.
A total 9,458 people started to contribute to Pillar III in March 2024, which translates into an increase of 1.3%. March 2024 brought participants RON101.3 million in net profit, which considers all costs – active fee, trading fee, audit tax etc. – , with the profit for the current year reaching RON143. In terms of payments, the latest statistical data available are for February 2024, indicating the amount of RON13.74 million.
Companies
Romania Pillar III Pension Funds Overshoot RON5B Net Asset Mark In March 2024
Voluntary private pension funds in Romania (Pillar III) exceeded the threshold of EUR5 billion in net assets managed in March 2024, up 3.1% compared to February 2024, in line with calculations by Ziarul Financiar (ZF) based on data on the platform DesprePensiiPrivate.ro.