4 questions and answers
What does Pillar 3 mean?
Pillar 3 is the optional pension privately managed, meaning the money voluntarily accumulated by you for your future pension. 👍In this system, you can ...
What does Pillar 2 mean?
Pillar 2 is the mandatory private pension, which was introduced in the year 2008, mandatorily for all employed persons 💼 who had at that ...
How many types of pensions do we have in Romania?
In Romania we have 3 types of pensions: ❶⠀Pillar 1 ➭ state pension;❷⠀Pillar 2 ➭ mandatory private pension;❸⠀Pillar 3 ➭ optional private pension.
What other saving options are there besides deposits or savings accounts?
Knowing other saving products besides classic deposits is the key to smart saving. Unfortunately, Romania is among the last ...