Pillar 2 mandatory private pension funds reach 30.3 billion euros
Monday, January 20, 2025
The 7 mandatory private pension funds (Pillar 2) reached a total value of 150.85 billion lei (30.3 billion euros) at the end of 2024, an increase of 19% compared to 2023, according to calculations by the Association for Privately Managed Pensions in Romania (APAPR).According to a press release on Tuesday, almost 30% of these sums represent the net gain from investments made by the pension fund managers, amounting to 44.3 billion lei (8.9 billion euros), in ...