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Pension amount

The amount of the pension consists on several components. You can influence some of them with your own choices, others depend on political decisions at the state level.

Pension Calculation

The pension amount consists of four parts: base part, qualification period part, insurance part and joint part of the pension. These parts are added to find the pension amount.

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Pension indexation

On 1 April each year pensions are indexed to keep pensions in balance with changes in wages and prices.

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Benefits and pension taxed with income tax

From 1 January 2024, a separate tax-free income of 776 euros will apply for people who have reached the retirement age. In 2024, the retirement age will be 64 years and 9 months. In 2024, people born before 1 April 1960 will reach retirement age.

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Pension Supplements

A pension supplement is paid for raising children and a repressed person and a liquidator of a nuclear disaster, an official and a rescue worker

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Pension and allowances’ rates

The table below shows the rates for most pensions and family allowances. Pensions, social benefits for disables persons, and social benefits for persons relocated to Estonia from a foreign country, are paid out on the 5th date of each month. Insurance premium related to work accidents and occupational diseases, compensations for victims of crime, and repressed persons’ allowances shall be paid out on the 12th date of each month.

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Working during retirement

Working is useful at any age. Each euro of social tax that is paid behalf of you will increase your future pension amount.

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Raising children impacts pensions

Raising children can give you the right to retire earlier or receive a larger pension.

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Payment of pensions, allowances and benefits

We pay pensions and benefits according to your wishes to your bank account or in the form of home delivery.

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Last updated: 22.03.2023

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