Private Pension Guarantee Fund To Have Initial Budget Of EUR500,000 - Watchdog

11.10.2011 By Ioana Tudor

The initial contribution to the Romanian private pension guarantee fund will amount to about EUR500,000 and will be paid by private pension fund administrators and pension providers by May 1, 2012, Mircea Oancea, president of private pension system regulator CSSPP, said Thursday.

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Keywords:
PRIVATE PENSIONS
, GUARANTEE FUND
, BUDGET