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Assets held by Pillar II and Pillar III pension funds top 80 bln lei


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The assets managed by Pillar II and Pillar III pension funds topped 80 billion lei, while the annual contributions are in excess of 10 billion lei, according to data presented on Tuesday in a specialist video conference by vice-president of the Association of Romania s Privately-managed Pension Funds (APAPR) Andreea Pipernea.
The assets held by Pillar II and Pillar III pension funds have exceeded 80 billion lei, and the figure is constantly growing. Annual contributions are in excess of 10 billion lei. It is an important figure in the context of the capital market, because having in view that about 25 percent of these amounts is regularly put into stocks, this means a liquidity inflow from the pension system on a monthly basis, said Pipernea. ....

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Inside a California COVID ward, exhausted staff care for patients on the edge of life and death


Inside California COVID ward, exhausted staff cares for patients on edge of life and death
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Francisco Hernández, a 48-year-old Moss Landing resident, rests inside a COVID unit at Salinas Valley Memorial Hospital.Nic Coury/Special to The ChronicleShow MoreShow Less
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Nurse Jeanna Beckham tends to a patient in the COVID ICU.Nic Coury / Special to The ChronicleShow MoreShow Less
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Nurse Cassie Barber checks the temperature of Carmelita Martinez, 75, of Salinas inside a COVID unit at Salinas Valley Memorial Hospital.Nic Coury / Special to The ChronicleShow MoreShow Less
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Salinsa, a rural city of 156,000 people, has seen a sharp rise in coronavirus cases.Nic Coury/Special to The ChronicleShow MoreShow Less ....

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