Major change. Romania’s second pension pillar could have optional contributions
Under current rules, the contributions are evenly split between the first pension pillar, managed by the state, and the second one, which is managed by private administrators. There is a third pension pillar which is private.
“Nobody will dismantle pillar II, nobody will nationalize it, nobody will harm it. (…) It will become optional,” said Tudose in an interview for Digi24.
The PM went on to say that the first pension pillar had better results based on the minimum wage, but he failed to provide data in comparison to the second pillar.
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