2.1 C
March 30, 2023

Pylon II brought participants a 50 pc yield in three years

The compulsory pension funds (Pylon II) brought participants an average yield of 49 pc innearly three years since launch and an annual yield of 14.9 pc at market level, according tocalculations made by Wall-Street.ro, based on the figures of the Commission for theMonitoring of the Private Pensions System (CSSPP) and the National Institute of Statistics.Results obtained by the nine compulsory private pension funds, in the 35 months since theirlaunch, are firmly above the inflation rate, calculated based on the consumer price index. Thegeneral price rise in the aforementioned interval was of 19.4 pc, while the annual averageinflation rate was 6.4 pc. This March, 5.272 million contributors were registered with compulsoryprivate pension funds, and net assets amounted to RON 4.884 bln.

Related posts

Allianz-Tiriac Asigurari: 11th consecutive quarter of profitable growth

Nine O' Clock

Mitiska Reim actively investigating opportunities to expand investments in Romania

Nine O' Clock

Luxuria Residence held the reception for the second development phase with 268 apartments