10.10.2017

Romania's mandatory private pensions system known as Pillar II had annual average yields of 9.1% in the ten years since its inception and amassed assets totaling RON38 billion for its seven million more

06.29.2017

Romania's proposed finance minister Ionut Misa said Thursday the government will eliminate the mandatory private pension system known as Pillar II. The prime minister later denied any such plans. more

05.25.2015

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, more

01.07.2015

Mandatory private pension funds (Pillar II) had an average yield of 8.71% last year, from 11.75% in 2013, and reached total assets of RON19.1 billion (EUR4.26 billion) in December 2014, 37% higher more

01.22.2013

Romanian mandatory private pension funds (Pillar II) increased their exposure to state treasuries by about 10 percentage points last year to 76.3%, according to private pension system regulator CSSPP. more

09.19.2012

The number of private pension funds on the mandatory pension segment (Pillar II) will drop to six from the current nine, through mergers and acquisitions expected over the next five years, an official more

10.04.2011

The privately managed mandatory pension funds (pillar II) experienced for the first time the anxiety of extensive stock market corrections, watching declines of over 20% in Bucharest, Warsaw, Athens more