Romania's Mandatory Private Pension Funds Reach 227 billion lei as Contributions and Support Measures Expand
The Financial Supervisory Authority (ASF) reported that assets of Romania's mandatory private pension funds (Pillar II) totaled 227.5 billion lei at the end of May 2026, a 37 % increase compared with the same month in 2025. About 95 % of these assets are invested in Romanian instruments, with state bonds accounting for 63.9 % (145.39 billion lei) and equities 27.7 % (63.13 billion lei). The funds had 8.53 million participants and collected 2.09 billion lei in contributions in May, averaging 453 lei per contributor.
From July 2026, the minimum voluntary pension contribution rose to 1,081 lei per month, calculated on the new minimum gross wage of 4,325 lei (25 % contribution rate). This change affects individuals who wish to top‑up their public pension entitlement, including those buying past contribution periods.
Approximately 2.5 million retirees receiving pensions by card will have their July payments transferred early on 10 July 2026, as the usual 12 July date falls on a Sunday. The exact time of credit depends on the beneficiary’s bank.
The Ministry of Labour also announced a state aid package of 4.1 billion lei for low‑income pensioners, people with disabilities and families with many children, to be rolled out in 400 rural localities. Additionally, the former head of the National Pension House filed a lawsuit demanding that pensions be indexed to inflation according to law.