Half Of Romanian Mandatory Private Pension Fund Contributors Amassed RON500 Since ‘08 - financiare.ro
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News » March, 2011 » 3 March 2011

Half Of Romanian Mandatory Private Pension Fund Contributors Amassed RON500 Since ‘08
03.03.2011, 13:48 | Finance-Banks | 964 views



About half of Romanian contributors to mandatory private pension funds (Pillar II) have amassed less than 500 lei (EUR1=RON4.2016) in their pension accounts since May 2008 when the system was launched, Mircea Oancea, head of the country’s private pension regulator CSSPP, said Thursday.

The average sum amassed by Pillar II contributors reaches RON835, said Oancea at the fourth annual edition of Mediafax Talks about Private Pensions.

Read more on Mediafax.ro




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