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Empty accounts only represent 13.4% of the mandatory private pensions system


The number of empty accounts (with no contributions) in the mandatory private pensions system (pillar II) is under 584,000, meaning 13.4% of the participants' quantum, after five rounds of collecting the contributions, according to an analysis made by portal www.pensiileprivate.ro portal. The empty accounts situation has improved in these last five months, the number of no contributions accounts declining from 961,000 in May, when they represented 23% of the total.

In comparison, the amount of empty accounts in Poland, the most developed mandatory private pensions market in the region, was above 30% at the beginning, it decreased to approximately 20% after three years and is now only 5% in the tenth year of functioning.

22.10.2008

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