Further narrowing of borrowing cost, combined with positive dynamics at BVB, could keep the Pillar II pension funds safely in the positive area for the coming year. Calculated over the entire Pillar II lifetime, since 2008, the differential is 4%: RON 61,440 versus RON 59,057. The real losses incurred by Pillar II contributors over the five-year period ranged between +0.0% per annum (Metropolitan, small increase) and 1.2% per annum (BRD), with NN at 0.2%. In practice, the contributors to the Pillar II pension funds make average monthly contributions consistent with wages, some 10%-20% below average. Separately, the average contributions to the seven pension funds are significantly different, with the highest average contribution (hence the highest average wage) made by contributors to NN.