How do I check how much I have in Pillar 2?

On your pension fund's portal (NN, BCR Pensii, AZT, BRD Pensii etc.) using your CNP. Or via the fund's mobile app. Annually you also receive an official letter with balance, performance and projection.

Can I switch my Pillar 2 fund?

Yes. Once every 12 months you can request transfer to another fund, with no exit fee. The request goes directly to the new fund. They handle the transfer.

When can I withdraw money from Pillar 2?

At retirement. Earlier only in exceptional cases: permanent disability, death (funds go to heirs) or definitive emigration outside the EU.

Pillar 2 pension 2026: balance check and investments

Many Romanians contribute to Pillar 2 of the pension system without ever looking at the account. Every month 4.75% of gross salary is automatically redirected by the state to a private fund chosen 15-20 years ago. Then silence. And at retirement comes the question: how much do I have in there?

How to check exactly how much you have

Four paths, fastest to most official:

1) Your fund's online portal. If you don't know which fund, go to cnpp.ro, log in with your CNP and ID, find your current fund. NN Pensii, BCR Pensii, BRD Pensii, AZT, Aripi are the biggest. All have web portals and apps with real-time balance.

2) Mobile app. NN has a solid one, BCR Pensii likewise. Current balance, return since inception, last year's yield — all on one screen.

3) The annual statement. Your fund is required to send you yearly (mail or email) a detailed statement with balance, contributions and yield. Many land in spam, check the archive.

4) asfromania.ro. The Financial Supervisory Authority publishes a quarterly fund situation. See who performs best over the last 5-10 years.

How to compare funds

Three indicators matter:

5-year average yield: the most honest indicator. One good year says nothing; five years show consistency. In 2026 the big funds' annual yields swing between 5.8% and 9.4%.

Management fee. Capped by law at 0.07% monthly of assets (under 0.9% yearly), but funds also have a performance fee and a contribution fee. On large balances, the gap matters.

Portfolio structure — how much in stocks, in bonds, in deposits. More aggressive funds (30-40% stocks) have higher volatility but better long-term potential.

To boost your pension — Pillar 3 and personal investing

Pillar 2 is mandatory and automatic. If you want more, other tools exist:

Pillar 3, the voluntary pension. You pay extra, on top of the mandatory contribution. Tax benefit: up to €400/year deductible from personal income tax (current threshold). Useful for high earners.

Direct investment: deposits, government bonds (Tezaur, FideliS), stocks, ETFs. More control, more risk, more work. See Investments on Kreditano for comparison.

Maria, after 7 years in consumer finance: people aged 35-40 are the most anxious when you ask them about pension. The right reaction isn't panic, it's looking. Five minutes on your fund's portal solves half the uncertainty. The other half is solved with Pillar 3 or a monthly, consistent investment.

Pillar 2 pension 2026: balance check and investments

How to check exactly how much you have

How to compare funds

To boost your pension — Pillar 3 and personal investing

Frequently asked questions