Pensii Private
 About us  Contact  Site Map   Login   


Search
HomeNewsLegislationMarket playersPension FundsStatistics & DataEventsLinks & ContactTrends
 











News

Back

Over 3.1 million Romanian pensioners make less than 140 EUR a month


Over 3,100,000 Romanian pensioners (that is 56% of all pensioners in Romania) have to live on less than 140 EUR each month (500 RON), statistics analysed by www.privatepensions.ro show. In the Romanian public pensions system there are two main categories of pensioners: social security pensioners and farmers. The first categories receives pensions from the public pension budget (social security PAYG system), while the second category receives pensions from the state budget.

All in all, 3.1 million pensioners in the public system have a pension worth less than 140 EUR a month. On the other hand, only 360,000 pensioners earn more than EUR 280 a month (1,000 RON) - that is only 7% of all pensioners in Romania.

The average social security pension is now of 156 EUR, and it is planned to increase by 20% this November. The average farmers' pension is now 66 EUR.
28.08.2008

The most recent stories on this subject:
» Romanian private pension funds' assets reach EUR 1.33bn
» OANCEA: Half of the mandatory funds' participants own less than EUR 130 in their personal accounts
» XPRIMM's private pensions market awards 2011: And the winners are...
» CSSPP: Full disclosure of investment portfolios of pension funds, twice a year
» Proposal of full tax break for voluntary pensions waits for Parliament's decision
» Compared to the previous months, December brought an extra 10 million in the accounts of Pillar II participants
» Guarantee Fund Act was passed by the Senate
» Mircea OANCEA: we need speed up contributions enlargement in spite of crossing tough times
» 2010: A year with investment results that exceeded expectations
» A peek into the investment strategies of the Romanian pension funds



Archive












Copyright 2012 (c) privatepensions.ro
powered by Media XPRIMM