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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.
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.
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.