The ruling Reform Party and Eesti 200 have released a new coalition agreement, which includes cutting the wait time for rejoining the second pension pillar, offering car tax relief for families with children, completing key defense and tax reforms and continuing the development of four-lane highways to Pärnu and Tartu.
Reform and Eesti 200’s party councils are set to approve the new coalition agreement on Saturday.
Under the new agreement, the Estonian government plans to reduce the wait time for rejoining the second pension pillar from ten years to five.
“We will restore the three-pillar pension system in a more flexible form than originally, to improve the long-term sustainability of the pension system and the livelihoods of future pensioners,” the coalition agreement draft states.
“We will strengthen the three-pillar pension system so that those retiring in the future can receive a dignified pension, and allow those who have left the second pillar to rejoin after five years,” the draft says.
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