- Estonian pension system
- I pillar
- II pillar
- III pillar
This is a pension insurance which guarantees you yield. A person makes a contract with an insurance company, and from then on makes contributions according to his or her possibilities. The insurance company invests the money and at the end of the collecting period the accumulated amount is paid to the client in accordance with the terms of his or her contract.
Pension insurance is offered by:
The pension insurance with investment risk suits you if you wish to choose yourself the risk rate of your investment. In addition you can also take the life insurance. Pension insurance with investment risk allows you to make either regular fixed contributions or a single contribution(s) into different investment funds. There’s no guarantee for yield; it depends on the success of the chosen investment funds and the state of the securities markets.
All life insurance companies offer at least three different strategies, i.e. combinations of investment funds. The major difference between the strategies is the share of investments into equities: the possible options are balanced growth, growth or aggressive growth. The larger is the share of equities, the higher will be the yield in long perspective.
Pension insurance with investment risk is offered by: