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Baltics punch above their weight

2004

Over 423,000 people have joined the funded pension system
Czechs eye mid-2006 for pension reform
In the previous year the monthly gross wages and salaries were 6,723 kroons
Funded pension system receives 21 million EUR in Q1
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Investments of pension funds in CEE countries

Estonian CSD opened Funded Pension website – Pensionikeskus

04.03.02

On March 4, the Estonian Central Depository for Securities in co-operation with the Ministry of Finance opened a public website Pensionikeskus for introducing the funded pension of Estonia at the address www.pensionikeskus.ee.

The website provides answers to the main questions related to the pension system, focusing on the funded pension or the so-called “second pillar” of the pension system.

The website will also provide information about all competing funded pension funds. Information about pension funds will be published on current basis immediately after registration of the funds and fund rules by the Financial Supervisory Authority.

From 1st May of 2002 it will be possible to make choices of pension funds and submit subscription applications through the website.