pension fund
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ZF English
Pension funds shift money from deposits to T-bills and stocks
Sums placed by managers of mandatory private funds (pillar II) in deposits dropped by 82m lei (20m euros) in the first quarter of this year, from 229m lei (around 55m euros), boosting instead investments in government bonds and stocks.
ZF English
What Romanians have to do to be able to afford exotic cruises after they retire
Romanians should invest at least 15% of their monthly income in a voluntary pension fund for 20 years in addition to the contribution to the state and the mandatory pension, in order to affo...
ZF English
Pension fund assets up 4% in February to 4.7 billion lei
Mandatory pension funds (pillar II) managed 4.7 billion lei (1.1 billion euros) in assets at the end of February, 4% more than in the previous month and almost 2 billion lei more than in the...