Caramitru says the government can't limit people's access to Pillar II money, but it can impose fees on withdrawals above a certain threshold, encouraging people to stay invested. He suggests the money could be used as collateral for loans and criticizes the excessive proportion of funds invested in government bonds, suggesting diversification into equities and alternative funds. Mr Caramitru also believes the percentage of contributions to Pillar II should be increased, especially for young people.
Sources
Latest News
22:54
The Oil Terminal Union announces the initiation of the collective labor conflict on August 24, after the failure of negotiations for a salary increase of 6.5%.
22:34
Russia is recalling its ambassador from the United Kingdom amid diplomatic tensions
22:16
USA: The FDA has authorized the Aletta robot, the first robotic device that collects blood, under the supervision of a specialist.
21:50
The second fragment of the Gerbera drone, with explosive charge, discovered and neutralized on the Romanian coast
21:30
Volodymyr Zelensky stated that Ukraine was not involved in the sabotage of the Nord Stream pipeline.
See more news