Administration fee for mandatory private pensions Pillar II cut to 1pct from 2.5pct
Publicat:The administration fee for the mandatory private pensions Pillar II was cut to 1pct from 2.5pct, on Friday night stated the Prime minister's counselor for economic matters Darius Valcov, according to Agerpres
"As regards the pension's Pillar II, the contributions were not curtailed, as some television stations were announcing today (Friday, ed. n.). The contribution still is 3.75pct, and we all recall that last year when this contribution went down, everybody said that the incomes will be smaller. Of course, the gov't, being aware of what it was saying, anticipated that the incomes will…
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