Assets of mandatory private pensions funds, up by 2.48 percent in May

The net assets of the privately managed pension funds (pillar II) reached 5.184 billion lei (1.258 billion euros) in late May, 2.48 percent higher than April and 60.20 percent higher than May 2010 (62.47 percent higher if reported to euro), according to CSSPP (Private Pensions System Supervisory Commission in Romania).5.31 million people had registered participations to the private pension funds, Pillar II, in May, 2011, 5.31 percent more than in May 2010 and 0.27 percent more than ...

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