www.oradesibiu.ro/2026/11/01/ce-se-intampla-cu-ban

Funds accumulated in Pillar II are inherited by legal heirs upon the participant's death. Heirs must initiate proceedings with a notary to access the funds. If there are no children, the money goes to parents and then to siblings. Heirs can withdraw or transfer the funds, but the fund administrator is not notified of the death automatically. Contributions from multiple jobs increase the Pillar II amount, as all contributions are combined. Employers deduct social insurance contributions from gross salaries and direct a portion to the chosen fund. Funds are invested with a two-month delay, and individuals who leave Romania retain their accounts, with new contributions added upon reemployment.