sotsiaalkindlustussüsteemist

The sotsiaalkindlustussüsteem, or social security system, in Estonia is a comprehensive framework designed to provide financial and social protection to its citizens. It operates on principles of solidarity and insurance, aiming to mitigate risks associated with old age, illness, unemployment, and disability.

The system is primarily funded through social contributions paid by employers and employees, as well as state funding. Its key components include pensions, health insurance, unemployment insurance, and family benefits. The pension system, for instance, involves a mandatory funded pension component alongside a pay-as-you-go system. Health insurance covers medical services, medication, and sick leave benefits. Unemployment insurance provides temporary income support to those who have lost their jobs and are actively seeking new employment. Family benefits encompass various forms of support for parents and children, such as parental leave benefits and child allowances.

The administration of the sotsiaalkindlustussüsteem is largely managed by the Estonian Social Insurance Board (Sotsiaalkindlustusamet), which handles claims, payments, and the overall management of social security benefits. The system undergoes regular reviews and reforms to ensure its sustainability and responsiveness to the evolving needs of the population and the economy. Its objective is to ensure a basic level of security and well-being for all residents.