Pillar Ii News Today

As Seoul confirms Aukus talks, analysts say the defence alliance would benefit from South Korea’s hypersonic knowledge.

Defence ministers are to discuss the second pillar of the pact that commits members to developing deterrents against China, the Financial Times reports

USR's Drula: PNL and PSD, stop your attacks on Pillar II pensionsNational leader of the Save Romania Union (USR) Catalin Drula on Monday asked...

The seven mandatory private pension funds in Romania, known as Pillar II, generated an annual average yield of 18.2% in the last 12 months (between October 2023 and October 2022), for the 8 million Romanian participants, way above the inflation rate of 8.07% during this interval.

The draft pension law which was adopted on Tuesday by the Senate plenary and which was submitted to the Chamber of Deputies - the decision-making body regarding this normative act - is disputed by the National Trade Union Bloc (BNS) and the National Federation of Romanian Pensioners (FNPR), its members the latter threatening protests across the country.

The seven mandatory private pension funds in Romania, known as Pillar II, generated an annual average yield of 18.2% in the last 12 months (between October 2023 and October 2022), for the 8 million Romanian participants, way above the inflation rate of 8.07% during this interval.

* Mugur Isărescu, BNR: "A pension system based on several pillars is better able to meet the needs of society"* Ionuţ Dumitru, ASE: "Romania has a major structural problem in the labor market"* Adrian Codirlaşu, CFA Romania: "The II pillar of pensions has an efficiency for contributors of three to one compared to the pillar of public pensions"

* Mugur Isărescu, BNR: "A pension system based on several pillars is better able to meet the needs of society"* Ionuţ Dumitru, ASE: "Romania has a major structural problem in the labor market"* Adrian Codirlaşu, CFA Romania: "The II pillar of pensions has an efficiency for contributors of three to one compared to the pillar of public pensions"

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON114.6 billion for August 2023, as per data released by Romania’s Financial Supervisory Authority, or ASF.

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported record assets of RON107.4 billion at end-May 2023, as per the latest data released by Romania’s Financial Supervisory Authority, or ASF.