How do I access the money from the voluntary pension fund?

The right to access the voluntary pension fund goes into effect when you turn 60 years old, at least 90 monthly contributions to your voluntary pension account have been paid and the accrued asset is at least equal to the amount required to receive the minimum voluntary pension according to the legislation.

Until the Private Pensions Act is issued, at the age of 60, in case of disability for health conditions that stop you from resuming your work activity or in case of death, you or your beneficiaries shall be paid the amount accrued in your individual membership account in the form of a single or staggered payment, in equal instalments, amounting to at least RON 500, for a maximum period of 5 years.

The right to collect the money due in single or staggered payment, in equal instalments, amounting to at least RON 500, for a maximum period of 5 years, belongs to you/your beneficiary.

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