Over fifth continue working after retirement ({{commentsTotal}})

Many pensioners were unaware that they are eligible for tax exemptions.
Many pensioners were unaware that they are eligible for tax exemptions. Source: Photo: Postimees/Scanpix

Over 20 percent of people arriving at retirement age, 62.5 years for women and 63 for men, continue to work.

Estonia has around 300,000 pensioners, with 66,000 officially drawing a monthly salary. The majority of those who continue working are earning far more than the minimum salary.

Last year, a working pensioner earned on average 750 euros gross per month, well below the 1,010-euro national average, but higher than the minimum salary, which this year is 390 euros gross. According to the Tax Board, average salary for a pensioner will surpass 750 euros.

The average pension is close to 350 euros per month.

“Pensioners are a stable workforce and usually very hard workers,” Mari Sarjas, human resources manager at Omniva, the state-owned postal service, said. Six percent of all Omniva staff are over 65, and most workers choose to continue after reaching 63, she said.

Sarjas said many older people are put off work by technology as younger people learn to use new equipment faster.

Editor: J.M. Laats



Opinion
Easter Monday a public holiday? But you're forgetting productionEaster Monday a public holiday? But you're forgetting production
Estonia’s Easter Monday time loop: Discussing an additional day off

Every year, Estonia reliably asks itself the question whether or not Easter Monday should be made a public holiday. Opinions differ. While one side emphasizes the importance of family time, the other thinks an additional day off would threaten economic growth.

Minister of Social Protection Kaia Iva (IRL).Minister of Social Protection Kaia Iva (IRL).
Samost: Kaia Iva’s charisma could help IRL out of long-term low

In Sunday’s “Samost ja Rumm” radio debate show, editor-in-chief of ERR’s online news, Anvar Samost, and journalist and former politician Hannes Rumm discussed the potential and actual candidates for the chairmanship of the Pro Patria and Res Publica Union (IRL). At the time of the broadcast, Helir-Valdor Seeder had not yet made his intention to run public.