Retirement savings accumulated by 270,000 Romanians in the funds managed by BT Pensii have exceeded 1 billion lei.

Since the start of this year, BT Pensii has attracted 55,000 new participants. Of these, 25% joined 100% online via the BT Pay app.

Compared with July 2025, both the number of people saving in the Pensia Mea and Pensia Mea Plus voluntary pension funds and the value of monthly contributions are up by 50%. At the same time, one in two people who chose to save in a voluntary pension fund in the past 12 months opted for BT Pensii.

A shift in mindset: saving for retirement is becoming part of financial planning  

The numbers show that for more and more Romanians, saving for retirement is part of long-term financial planning, not just an option. A privately managed voluntary pension means money accumulated in a fund for a future pension that complements the public pension upon retirement. Contributions can be made by the employee and by the employer on the employee’s behalf, as an additional benefit on top of salary.

Romania’s pension system comprises Pillar 1 (the state public pension), Pillar 2 (the mandatory private pension) and Pillar 3 (the voluntary private pension). BT Pensii is the only Romanian company in the voluntary pension market and one of the largest managers in the segment.

Economic and demographic context, according to data from the National Institute of Statistics

• In Romania, the public pension is significantly lower than income during working life: its monthly average is almost 3,000 lei, roughly half the average net salary.
  
  
• Romania’s population — now at 19 million people — is declining, driven by several factors: low birth rates, a persistently negative natural increase, international migration, and shifts in demographic and family behavior.
  
  
• The ratio between the number of people in work and state social insurance pensioners is increasingly unbalanced in Romania, currently at 10:8.
  
  
• The average age of Romania’s population has risen to almost 43 years.
  
  
• On the other hand, life expectancy in Romania has increased to over 76 years, so people are spending more years in retirement than in the past, which means Romanians need financial resources for a longer period after ending their careers.
  
  

Demographic and social trends are exacerbating the labor shortfall and increasing public spending on pensions, healthcare and social care. For this reason, additional retirement saving is becoming increasingly important to maintain a certain standard of living after the end of a career.