ESTONIAN STATE OFFICIALS’ POLITICAL GAMES - IN OTHER WORDS WHAT WILL HAPPEN TO THE REFORM OF MANDATORY FUNDED PENSION SCHEME
ESTONIAN STATE OFFICIALS’ POLITICAL GAMES - IN OTHER WORDS WHAT WILL HAPPEN TO THE REFORM OF MANDATORY FUNDED PENSION SCHEME

Summary/Abstract: The idea of introducing a mandatory funded pension model, aims to ensure the retirement age of the population. Nevertheless, one of the disadvantages of this model, emphasized by the population of different countries, is the principle of obligation. The bill initiated by the Estonian government aims to abolish this principle and give freedom of choice to the population. We can say that existing anxiety about political passions around the bill, reaches its peak. The Estonian government, president and parliament are involved in these political games. What kind of consequences they will leave in the history of the Estonian pension system depends on the results of ongoing processes of 2020.

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