Compared with September 2012, the rise in total assets was 3.25 percent. As of October 31, 2012, the total assets of the private pension schemes were making up 1.58 percent of the country's Gross Domestic Product (GDP), compared with 1.19 percent on December 31, 2011.
The rise in the total assets of the private pension schemes (Pillar II) outpaced the rise in the assets of the optional pension schemes (Pillar III). Thus, Pillar II assets advanced 41.04 percent from December 2011, while Pillar III assets increased by just 30.92 percent.
Compared with the similar month of the year before, Pillar II assets were up 49.94 percent, while Pillar III assets were up 37.90 percent, according to the CSSPP bulletin released on Thursday at an international seminar held by the CSSPP and the Chilean Embassy in Bucharest.
