The share held by private pension funds’ assets in the country’s gross domestic product (GDP) was 5.22%, compared with 4.84% in December 2017.
The biggest share of private pensions funds’ assets was tied in state paper (63.62%), followed by equity (17.56%), bank deposits (8.11%) and corporate bonds (3.53%).
The assets of mandatory private pension pillar, known as Pillar II, grew 19.7% year-on-year to RON47.58 billion (EUR10.20 billion).
The assets of voluntary private pension pillar, known as Pillar III, grew 12.18% year-on-year to RON2 billion (EUR0.43 billion).
Private pension funds had 7.25 million contributors at the end of 2018, some 3% more compared with 2017.
The nominal return rate of private pension funds was 2.72% on December 31, 2018, compared with 3.95% on December 31, 2017.