Estonian government approves 7.6 percent pension increase
The new value of the pension index, according to the regulation, is 1.076. This means an increase of 7.6 percent on average in pensions and the daily rate of the work ability allowance.
The annual reindexation of penions is to cost the government approximately €97.6 million this year.
Following the increase, the old-age pension of an individual with 44 years of pensionable service will increase from €415.6 to €446.50, spokespeople for the government said.
Read More: ERR
