Around 900,000 Romanians Saving Now for Voluntary Private Pensions

Around 900,000 Romanians Saving Now for Voluntary Private Pensions

yesterday, 10:35

Around 900,000 Romanians are saving currently for a voluntary private pension (Pillar III), while another 96,000 have received their money from this system after the first 18 years of operation, reached in May 2025, in line with calculations by the Romanian Association for Private Pensions APAPR.

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Analysis

Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings

Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.