Pillar 2

Pillar 2 FGDSPP Guarantees Privately managed pension funds The guarantee scheme includes all privately managed pension funds (Pillar II), authorized by the FSA. which offers a guarantee imposed by law according to Art.135, paragraph (2) of Law 411/2004, with subsequent amendments and completions: “(2) The total cumulated amount for the private pension may not be less than the value of the contributions paid, diminished with transfer penalties and legal fees. On this date, the pension funds that offer guarantees to participants and beneficiaries are the following: Read more