Mandatory Private Pension Funds Gain EUR1B From Investments In 7 Years

05.25.2015 By Gabriela Stan

Mandatory private pension funds (Pillar II) gained RON4.48 billion (around EUR1 billion) from investments in seven years from launching, for the over 6.3 million Romanians contributing to the system, representing an average annualized yield of 10.93%, local pension fund association APAPR said Monday.

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Keywords:
PILLAR II
, INVESTMENTS
, APAPR