Private pension funds in Romania had assets of RON 220.41 billion (approximately EUR 42.1 billion) at the end of March 2026, up 33% compared with the same period of the previous year and 5.4% higher than at the end of the previous year. At the same time, as a share of the GDP, the total assets in the private pension system stood at 11.5% at the end of March 2026, according to a report on the evolution of Romania’s private pension system in Q1 2026 published by the Financial Supervisory Authority (ASF) and quoted by News.ro . The assets in Pillar II funds, which manage mandatory, privately-managed pensions, accounted for 96.4% of the total assets of Romania’s private pension system, while Pillar III, representing voluntary, private pensions, remains relatively small in size.