According to Deloitte consulting services department manager Aleš Krejdl, however, the number of existing clients who will use the possibility to transfer their financial means from transformed funds to new participant funds and the origin of pension funds in the second pillar will be essential. Krejdl is hinting at three possible scenarios. The pessimistic one reflects the negative mood of society, concerns about political risks and the unwillingness of intermediaries to sell due to low commission (approx. 500,000 people). The optimistic scenario counts on the active participation of intermediaries and on two to three million participants in the second pillar. The third scenario is a combination of the two aforementioned ones, with the number of participants amounting to 1 to 1.2 mln.

In this connection, Rusnok talks about 0.5 to 1 mln participants in the second pillar, which contradicts the prediction by Minister of Finance Miroslav Kalousek (up to 2.5 mln people). The majority of funds also consider Kalousek's prediction overestimated. For instance, according to AXA PF vice-president Mojmír Boucník, it is also necessary to count on the fact that only 0.5 mln people will join the second pillar. ČSOB PF Stabilita general director Karel Svoboda includes the voluntarism of the product and its advantages for lower-aged people with an income close to the average salary in the factors negatively affecting the total participation.

The situation regarding the offer of pension products is also uncertain. In this connection, Rusnok says that products within the second pillar could be offered by 8 to 10 entities. Krejdl estimates the number at 5 to 7 (pessimistic scenario), or 12 entities in the case of the optimistic scenario. Svoboda considers the demand for initial capital in the amount of CZK 300 mln one of the obstacles for some pension companies established from the existing funds. According to Allianz PF operating director Libor Novák, however, one can also expect the banks to join the pension reform.