Nearly 900,000 Romanians save for voluntary pensions (Pillar 3), with an average return of 6.1% per year, but APAPR is calling for an increase in tax deductibility.
Delia Niculescu
Economy
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Currently, 900,000 Romanians contribute to voluntary private pensions (Pillar 3), and 96,000 have already received payments after 18 years of operation. Pillar 3 funds have managed almost RON 6.1 billion, generating a net gain of RON 1.7 billion. APAPR is proposing to increase the tax deductibility limit, which has not been updated since 2009, in order to stimulate long-term saving and reduce pressure on the public pension system. By increasing Romanians' confidence in private pensions, Pillar 3 becomes an efficient savings solution.
Sources
900.000 de români au o pensie privată facultativă
Pilonul III de pensii private facultative a împlinit 18 ani și deservește aproape un milion de români
Aproximativ 900.000 de români economisesc în prezent pentru o pensie privată facultativă, la 18 ani de la lansarea Pilonului 3, randamentul mediu al tuturor fondurilor fiind 6,1% pe an
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