September 2019

10Sep

Estonian average pension to exceed 500 euros after indexation

The average Estonian pension will after the spring 2020 indexation surpass 500, the country’s Finance Ministry has stated. Estonian public broadcaster ERR reports that on Monday, September 9, the Estonian government’s summer economic forecast presentation has been held. Pensions increase annually in April as a result of indexing, with the change coming into effect on the first day of the month. In the second quarter of 2019 the average Estonian old-age pension was nearly EUR 485. In 2020, a...

September 10, 2019
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September 2018

13Sep

Estonia. Reform wants to increase average pensions by €200 over four years

Among pension-related campaign promises of the opposition Reform Party's election platform is a plan to increase Estonia's average monthly pension by €200 over four years. The leadership of the Reform Party on Wednesday approved core pension-related promises of its election platform ahead of the 2019 Riigikogu election. The popular opposition party has set as its goal the increasing of the average pension by €200 over the next four years, supported by economic growth. The Reform Party likewise wants to put an...

September 13, 2018
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December 2017

01Dec

Estonia needs to address the poverty risk of its elderly

While Estonia has made a great progress in many fields over the years, there are still also many shortcomings – and the number of socially excluded seniors is one of them. The Estonians who have lived in wealthy Western countries, know the difference – whereas in Germany, for example, it is a common scene to see older people enjoying life and having fun in bars and restaurants, it is a rather rare picture in Estonia. It’s more common to see...

December 1, 2017
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