The mandatory private pension funds (Pillar II) had assets worth approximately 34.75 billion lei on April 30, 2017, up 32.15 pct year-over-year, according to the data relesed by the Financial Supervision Authority (ASF). The state securities hold the largest share in the assets, of 21.92 billion lei, respectively 63.09 pct. Shares rank second, with 6.95 billion lei (20.02 pct). Bank deposits rank third in this respect, with 2.56 billion lei and 7.38 pct of the total assets respectively.
According to ASF data, the value of the overall pension fund assets on Pillar II was 34.75 billion lei on April 30, 2017, and the net asset value was 34.73 billion lei.
The mandatory private pension funds had 6.895 million participants in April 2017. According to ASF data that measure against this year's February, 6.751 million are participants for whom contributions have been paid since the start of their collection in the system, 4.031 million are participants for whom contributions were made in February and 2.842 million are participants for whom contributions were not made in December 2016. ASF data also show that there are 131.032 contributors without contributions.
On Pillar II, the following pension funds are active: Metropolitan Life Pensions, Wings, AZT Your Future, BCR, BRD, NN, and Vital.