Estonian minister wants to raise retirement age to 70

  • 2016-09-14
  • BNS/TBT Staff
TALLINN - The minister of social protection, Margus Tsahkna, has developed a plan to increase the retirement age in Estonia to 70 years, to disconnect the size of the pension of the first pillar from a person's wage, and to link it instead to the number of years worked. The proposal of the Ministry of Social Affairs is to raise the retirement age to 70 years by 2040 and following this to tie it to life expectancy so that when life expectancy increases, the retirement age will also move up and vice versa, Tsahkna announced at a press briefing on Wednesday. If...
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