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Poland saves on pensions to cut budget deficit

2010

State Plan Makes Fund Both Borrower and Lender

2009

Estonian Central Register of Securities Turns 15
Funded Pension Plans Gain 591 245 Members; Value of Funds Totals MEEK 14 308

2008

Estonian pension fund fees sharply above international average
Investments into the third pension pillar increased

2007

Hansa Pension Fund K3 was awarded the title of best in Europe

Over 300,000 people in the funded pension system

27.10.03

The total number of people who have joined the 2nd pillar of the Estonian pension system, i.e. the funded pension leg, exceeded 300,000 in September and reached 302,444 by the end of the month.

The people, who will join with the 2nd pillar of pension system before October 31 this year will start collecting pension from January 1, 2004.

The total amount of money in all funded pension funds grew to EUR 49 million. Investment reports show that funds have major investments in Lithuanian and Netherland’s interest funds. Other popular investment products include interest fund of state conglomerate Estonian Energy, shares of Estonian Telecom and Hansabank, and S&P 500 index shares.

Estonian CSD opened a renewed pension information Internet homepage (www.pensionikeskus.ee) on September 29. The pension system portal is oriented both to private persons and employers. It gives overview of Estonian three pillar pension system and gives daily update pension funds’ statistics. Information on the pension web-page is available in Estonian, English and Russian languages.