“The largest contribution corresponds to a wage of some €300,000. This was most likely a bonus from last year,” said General Manager of ING Fond de Pensii, Radu Vasilescu.
Some two thirds (63 percent) of total contributions correspond to wages between RON 369 (€100) and RON 1,340 (€365), according to company data. ING Fond de Pensii is the largest Pillar II (mandatory) private pension fund, with 1,093 million contributors.
