Alexander Inkapool

  • Features

    Estonia puts the pieces in place

    July 2000 (Magazine)

    Estonia’s PAYG pension system is suffering from a shortfall between contributions and payments. The need for reform is apparent as the gap is steadily growing. Average salary calculated by the government is EEK 3,700 (E236). The mandatory retirement age is 60 for men and 55 for women. In 1996 a ...