The word to describe the contributions of supplementary funded pension is flexibility:

  • You can determine yourself the amount of contributions,
  • You can increase or decrease the amount of savings according to your need,
  • You can temporarily suspend contributions,
  • You can take out part of the money before your retirement.
Pension insurance with Guaranteed Interest
Compensa Life Vienna Insurance Group SE: Pension Insurance with Guaranteed Interest from 30 euros per month, one-off payments starting from 1000 euros
Pension Insurance with Investment Risk
Compensa Life Vienna Insurance Group SE: Unit-linked Pension Insurance from 30 euros per month, one-off payments starting from 1000 euros
Mandatum Life Insurance Baltic SE
AS SEB Life and Pension Insurance: Guaranteed Pension Insurance from 32 euros per month
AS SEB Life and Pension Insurance: Growth Portfolio for Pension from 30 euros per month
Swedbank Life Insurance SE: Pension Insurance+ from 30 euros per month
Swedbank Life Insurance SE: Private Portfolio for Pension from 50 euros per month

Contributions to the supplementary pension fund can be made if:

  • you have invested in a voluntary pension fund before 2018, or
  • if you submit an Application of a voluntary pension fund at a bank office.

The following fields must be completed on the payment orders for acquiring units of the voluntary pension funds:

Payee: AS Pensionikeskus
Account of the payee: select the account number opened in the
commercial bank of your choice:
Luminor Bank AS EE961700017004379157
SEB Pank AS EE141010220263146225
Swedbank AS EE362200221067235244
Explanation*: the processing code 30101119828
Reference number**: the pension account number to where you
wish to buy the units of the fund

*Explanation option 1, if the Application of a voluntary pension fund has been submitted:
Processing code for pillar III, always the same: 30101119828.

*Explanation option 2, if the contribution of the third pillar has to be transferred to another pension fund:
The processing code for pillar III: 30101119828, accompanied by the ISIN code of the desired pension fund, beginning with the letter combination ‘EE’.

**The reference number is the pension account number.
You can find your pension account number in the Subscription query – III pillar.

**Payment reference number for the employer’s pension: investor’s pension account number, employer’s registry code, check digit (all written together). The check digit is received by the method of 7-3-1 calculation (For more help see the webpage of the Estonian Banking Association

NB! We’d like to point out that before making the described payments for the first time, you should contact the bank that manages your account, because the related procedures may differ in different banks.

The processing codes for indicating the voluntary funded pension funds:

LHV Supplementary Pension Fund EE3600010294
LHV Pension Fund Index Plus EE3600109419
Luminor Pension Fund Equity 100 EE3600098422
Luminor Pensionifond Interest Plus EE3600109369
SEB Active Pension Fund EE3600074076
SEB Balanced Pension Fund EE3600008934
Swedbank Pension Fund V30 EE3600007530
Swedbank Pension Fund V60 EE3600071031
Swedbank Pension Fund V100 EE3600071049
Swedbank Pension Fund V100 Index (exit limited) EE3600109484
Tuleva III Pillar Pension Fund EE3600001707

Read more: Income Tax Incentive on contributions