Almost 9.4 million Romanians participate in the private pension system, with a steady increase in contributions. The law in 2025 will regulate the withdrawal of funds.
Radu Burcă
Economy
Credit: Lucian Alecu / Alamy / Profimedia
Always see our news on Google
The private pension system in Romania includes almost 9.4 million participants, of which over 8.3 million contribute mandatorily with 4.75% of their gross salary in Pillar II, while about 1.1 million participate in Pillar III, mostly through benefits provided by employers. The Vice President of ASF, Daniel Armeanu, emphasizes the maturity of this system, which, after 17 years of operation, has become essential for national financial stability. An important moment will be the adoption, on October 15, 2025, of a law that will regulate the methods of withdrawing funds from Pillars II and III, as well as the operation of private pension providers. Private pension funds account for over 11% of GDP and have recorded an annualized return of 8.04%, exceeding the inflation rate. The number of contributors has steadily increased, reflecting confidence in the system.
Sources
Grafice. Moment istoric pentru 9 milioane de viitori pensionari: Li s-au virat în conturi 11% din PIB. Vicepreședinte ASF: S-a depășit pragul de 200 de miliarde de lei în sistemul de pensii private
Dan Armeanu, vicepresedinte ASF: Activele sistemului de pensii private au trecut de pragul istoric de 200 miliarde lei în noiembrie
Vicepreședintele ASF: Activele sistemului de pensii private au depășit pragul istoric de 200 miliarde lei în noiembrie
Dan Armeanu, vicepreședintele ASF: Activele sistemului de pensii private au depășit pragul istoric de 200 miliarde lei în noiembrie
Dan Armeanu (Vicepreședinte ASF): Activele sistemului de pensii private au trecut de pragul istoric de 200 miliarde lei, în luna noiembrie 2025
Dan Armeanu, vicepresedinte ASF: Activele sistemului de pensii private au trecut de pragul istoric de 200 miliarde lei în noiembrie
Latest News
22:56
EU ambassadors are expected to approve 1,650 new designations against Russia
22:53
Shakira and Gerard Piqué in court in Barcelona to modify the visitation schedule for their two sons
22:47
George Simion denies donations from Russia to the party and calls for state budget subsidies to be scrapped
22:45
Nicu Ștefănuță was elected co-president of the Greens/EFA Group in the European Parliament
22:38
Azores lose over 100,000 passengers after Ryanair's withdrawal. Tourism feels the reduction in air connections
See more news
NEWS ON THE SAME TOPICS
Current Affairs
Seven people have been detained and another 13 placed under judicial control in the fraud case at the Pension House.
International
Italy raises retirement age / From 2029, the threshold will reach 67 years and six months
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
