Fiscal approach: The contributions to an optional pension fund according to Law no. 204/2006 paid by the employer for the employees are not subject to income tax and social contributions are not owed (for employee and employer) if they are contained in the limit of 400 euro/year/employee. The amounts that surpass 400 euro/ year/employee represents an advantage in-kind granted to the employees, and for these amounts social contributions are owed (employee and employer), as well as income tax.

For the employer, the payments to the optional pension funds made on behalf of the employees and which are not subject to income tax (those in amount of 400 euro/year/employee) are considered deductible expenses. The amounts paid on behalf of the employees above the not taxable individual limit are entirely deductible for the employer if they are assimilated to salary advantages and subject to taxation as salary components.