Pensionivõimalused

Pensionivõimalused refers to the various options available for individuals to save and invest for their retirement in Estonia. The Estonian pension system is a three-pillar system. The first pillar is the state pension, funded through social contributions, which provides a basic level of income security in old age. The second pillar is mandatory funded pensions, where a portion of an individual's gross salary is invested in pension funds managed by financial institutions. Contributions to this pillar are compulsory for most employees. The third pillar consists of voluntary funded pensions, where individuals can choose to invest additional money in pension funds or other investment vehicles to supplement their state and mandatory pensions. These voluntary contributions are often incentivized by tax benefits. Individuals can choose from a range of pension funds with different investment strategies and risk profiles. The accessibility and specifics of these pensionivõimalused can vary depending on individual circumstances, such as employment status and income level. Information and guidance on pensionivõimalused are typically provided by financial institutions, the Estonian Social Insurance Board (Sotsiaalkindlustusamet), and the Financial Supervision Authority (Finantsinspektsioon).