Compared to the previous months, December brought an extra 10 million in the accounts of Pillar II participants
National House of Public Pensions transferred towards Pillar II pension funds, in February, for December as referral month, a total contribution volume of EUR 34.09 million, representing the most consistent sum out of all 2010 transfers. Most likely, it is the result of the end year bonuses that were included in the contribution's calculation base, thus the highest level of medium contributions for 2010, recorded in December LEI 43.76 per participant (approx. EUR 6.50 per participant). The number of participants whose accounts have been fed in December was kept in the ordinary note of the last months, 3.31 million people.
Such as every month, about LEI 4 million (about EUR 950,000) of the total contribution's amount, are in fact regularizations of the previous months, corresponding to about 105,000 participants. The total amount of contributions transferred to Pillar II for the 12 months of 2010 was EUR 385.07 million, while, on average, for each participant receiving monthly contributions, the annual contribution to the mandatory private pension fund was of EUR 75.27.
