An independent think tank at the Riigikogu The financial well-being of the future elderly (short version)
The Foresight Centre developed three scenarios that represent the financial situation in 2050 of people who had received an average salary and have recently retired.
Every scenario uses a different pension system and different social attitudes towards the role of the elderly, which affect their opportunities to participate in the labour market. The scenarios help to put oneself in future situations and gain a better understanding of how to define old age and review one’s expectations for financial well-being in the future, in order to make better choices today.
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20.11 2024Half of Estonian residents support linking benefits to income
A report from the Foresight Centre shows that half of Estonian residents support linking benefits to income. Need-based benefits are more favoured by older people and those with lower income, while younger age groups and parents of minor children are less supportive of them.