Private pension

Mandatory private pension funds report June 2019 assets of over 55.15 billion lei, up 26.12pct

Romania's mandatory private pension funds had assets of over 55.15 billion lei on 30 June 2019, up 26.12 percent against the level recorded in the similar month of last year, according to data with the Financial Oversight Authority (ASF). Government bonds made up the largest share of the assets, namely 32.24 billion lei and a 58.46 percent share.

Mandatory private pension funds had assets worth 53.41 billion lei in May, up 24.18 pct

The mandatory private pension funds had assets worth more than 53.41 billion lei, on May 31, 2019, up 24.18 per cent against the same month a year before, according to data provided by the Financial Supervisory Authority (ASF). Government bonds hold the highest share among these assets, of 31.58 billion lei, 59.14 per cent respectively.

Mandatory private pension funds' assets worth 52.26 bln in April, up 21.42pct

Mandatory private pension funds in Romania had assets worth over 52.26 billion lei on 30 April 2019, up 21.42 percent from the same level of the previous year, according to the Financial Oversight Authority (ASF) data. Government securities made up the largest share of the assets, of 30.06 billion lei, respectively 57.52 percent. Shares came in second, at 9.96 billion lei (19.07 percent).

Macedonia Pension Fund Probed Over Spiralling Debts

After Labour Ministry started to investigate the increasing debts run up by the State Pension Fund, PIOM, it rushed to repay its multi-million euro owings, private pension funds confirmed.

PIOM's debt burden had raised questions about its liquidity and the government's policy of annual pensions increases.

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