Estonia, Legislation, Pensioners

International Internet Magazine. Baltic States news & analytics Friday, 03.04.2026, 04:34

Estonian government approves of pension age increase to 65 years by 2026

Juhan Tere, BC, Tallinn, 17.12.2009.Print version
The Estonian government sent to the parliament a draft law raising the retirement age in Estonia to 65 years by 2026, Estonian press reports. Pension age will be increased because future pensioners have to be certain that their pension isn’t lower than the current level and if possible, is bigger, an in order to alleviate the shortage of workforce that accompanies decrease of population active at the labour market, said the government’s press service.

Social minister Hanno Pevkur said that the Riigikogu should process the draft law fast since otherwise in the future it won’t be possible to pay a dignified pensions to people. Current forecasts show that n the next 50 year perspective, there will be 284,000 working age persons less in Estonia, writes LETA.

 

“Such fall of workforce means that while today, there are four working age people in Estonia per every person at least 65 year old, by 2030 that falls to three persons and in 50-year perspective only 1.8 working-age people pay the pension of one person,” said Pevkur.

 

The pension age increase concerns only people who are younger than 50 now. People who are 50-56-tyears old now and whose retirement age arrives in 2017-2026 are in a transitional period. People over 56 years of age go to pension according to current regulations, meaning that men get to retire at 63 years and women at 60.5 years of age.

 

By 2016 the retirement age for women will be also 63. From 2017 the retirement age will start increasing by 3 months a year for all and by 2026 it will be 65 years for all.





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