Employee Benefits in Estonia - New Report Available

From: Fast Market Research, Inc.
Published: Wed Dec 03 2014

Estonia has a well-developed social security system that covers the risks of employees, self-employed persons and their family members. The Estonian social protection system includes pension, health and unemployment insurance. Pension and health insurance are financed by social taxes, while unemployment insurance is financed by contributions. Benefits for disabled individuals, the national pension, death grants and family benefits are funded by general state revenues. The Ministry of Social Affairs is accountable for social security, social care and welfare. The main reforms of the Estonian pension system took place in the late 1990s. In 1999, the first pillar (state pension insurance schemes) was restructured, the second pillar (compulsory funded pension schemes) was introduced in 2002 and the third pillar (private pension schemes) was established in 1998. Private pension programs are offered to employees by the private companies in Estonia.

Full Report Details at
- http://www.fastmr.com/prod/910736_employee_benefits_in_estonia.aspx?afid=301

Report Highlights

* The pension system in Estonia is built on three pillars
* First pillar consists of old-age (retirement) pensions based on the total duration of employment, and flat-rate national pensions.
* Second pillar is fully funded pension insurance based on private asset management under state supervision and plans take the form of a defined contribution model
* All individuals can voluntarily participate in private pension schemes (voluntary supplementary pension schemes) under the third pillar

Report Scope

This report provides a detailed analysis of employee benefits in Estonia:

* It offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits
* It covers an exhaustive list of employee benefits, including retirement benefits , death in service benefits, long-term disability benefits, short-term sickness, medical benefits, workmen's compensation, maternity and paternity benefits, family benefits, unemployment, minimum resources, long-term care insurance and private benefits
* It highlights the economic and regulatory situations relating to employee benefits in Estonia

Reasons to Get this Report

* Make strategic decisions using in-depth information related to Estonian employee benefits
* Assess the Estonian employee benefits market, including state and compulsory benefits and private benefits
* Gain insights into the key employee benefit schemes offered by private employers in Estonia
* Gain insights into key regulations governing Estonian employee benefits, and their impact on companies

About Fast Market Research

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Employee Benefits in Bulgaria
- Employee Benefits in Italy
- Employee Benefits in the Netherlands
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- Employee Benefits in the UK
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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