Cristian-Mihai F G DAR

Review of NN Romania

Based on law 204/2006 art 95 until May 31, 2009 th...

Based on law 204/2006 art 95 until May 31, 2009 the special law on the organization and functioning of the pension payment system regulated and supervised by the Financial Supervisory Authority had to be adopted. We are after more than 9 years and there is no law and no regulation which justifies the payment to NN Asigurari de viata of amounts as a pension contribution to pillar III. According to art. 120 of law 204/2006, the violation of the provisions of this law attracts civil, contraventional and criminal liability.