Assets of private pension funds in Romania up 19% in 2024

Business Forum
Private pension funds in Romania accumulated assets worth RON 156.44 billion (€31.1 billion) by the end of December 2024, representing a 19% increase compared to the same period of the previous year, according to a report of the Financial Supervisory Authority (FSA).

Thus, at the end of 2024, privately managed pension funds (Pillar II) accumulated assets amounting to RON 150.88 billion (€30.1 billion), 19% more than in December 2023.

Voluntary pension funds (Pillar III) accumulated assets worth RON 5.55 billion (€1.1 billion), 17% more than in the same period of the previous year. The total assets of the private pension system had a share of 9.06% of Romania's GDP at the end of December 2024.

Last year, there were 9.12 million participants enrolled in the 17 private pension funds, compared to 8.86 million participants at the end of the previous year. 

The number of participants in the privately managed pension system was 8.29 million, compared to 8.15 million registered in December 2023, and the number of participants registered in the voluntary pension system was 833,000, compared to 710,800 registered at the end of 2023.

Fixed income instruments represented 72% of the total investment portfolio of private pension funds, while shares had the rest.

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