PM Ingrida Simonyte of #Lithuania is sceptical about setting up a state-run second-pillar pension fund, saying that there was plenty of competition. Earlier, central bank chief Gediminas Simkus suggested that people could be enrolled in a state-run second-pillar pension fund automatically.

Lithuania: PM sceptical about state-run second-pillar pension fund

Lithuanian Prime Minister Ingrida Simonyte has expressed scepticism about an idea to establish a state-run second-pillar pension fund, Baltic News Network reports. She noted that there was plenty of…