Brown Bridge: Sooner or Later, All People Will Leave the Second Pension Pillar

Bigbank's major owner Parvel Pruunsild said in an interview with ERR that the second pension pillar will practically never be able to beat inflation because the consumer price index has been distorting and hiding the real price increase for a long time. He predicted that people will eventually realize that saving money in the second pension pillar to secure the future is an illusion.

According to SEB Bank, state old-age pensions will tend to remain modest in the future, which is why people need to be directed to save in second-pillar pension funds again as soon as possible.