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€117 million from supplementary budget to go on second pillar payments


An important part of the supplementary budget formed due to the continuous coronavirus crisis is not related to the COVID-19 crisis, but to the pension reform, and this will cost €117 million from the government s reserve, daily newspaper Eesti Päevaleht (EPL) writes.
Even though the previous government canceled the state s contributions to the so-called second pillar of the national pension scheme, and these will be recovered on August 31, Jüri Ratas (Center) government promised to compensate for this, though from 2023.
Current finance minister Keit-Pentus Rosimannus (Reform), however, says that a section in the law which accompanied the pension reform immediately instructs an individual withdrawing the money from the pillar to compensate for any missed payments. ....

Reform Center , Keit Pentus Rosimannus , Supplementary Budget , Pension Pillar , சீர்திருத்தம் மையம் , துணை பட்ஜெட் , ஓய்வூதியம் தூண் ,

Almost 102,000 applications to withdraw from pension fund second pillar

A total of 101,882 people in Estonia had filed an application by February 25 to withdraw their savings from a mandatory pension fund, dubbed the second pillar of the pension system, Postimees reports, citing data from the Estonian Funded Pension Registry. ....

Pension Pillar , Estonian Funded Pension Registry , ஓய்வூதியம் தூண் , எஸ்டோனியன் நிதியுதவி ஓய்வூதியம் பதிவு ,