Romania To Raise Private Pension Contributions To 4.75% Starting Jan 1, 2024

03.16.2022 By Ecaterina Craciun

Romania will raise contributions to mandatory private pension funds (Pillar II) to reach 4.75% of contributors' gross wage from the current share of 3.75%, starting January 1, 2024, the government decided in its Wednesday's meeting.

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Keywords:
private pensions
, Pillar II
, contributions