How the pension is calculated
The old-age pension is made of one flat base component plus three separately-calculated components, all priced by the same shared rate. Some of these figures are not stated in the law itself — they are computed each year by the Social Insurance Board.
Four components, one shared rate
Old-age pension = base component + staažiosa + kindlustusosa + ühendosa. The base component is identical for everyone, regardless of service or contributions. The other three are point-like quantities — each formed by its own rule, then multiplied by one shared annual value (aastahinne):
- staažiosa — Staažiosa equals your years of pension-qualifying service before 1999, multiplied by aastahinne.
- kindlustusosa — Kindlustusosa equals the sum of your kindlustusosakud units built up between 1999 and 2020, multiplied by aastahinne — one unit for a given year is your own pension-insurance contributions for that year divided by that year's national average contribution.
- ühendosa — Ühendosa equals half your kindlustusosakud plus half your solidaarosakud accrued from 2021 onward, multiplied by aastahinne — a solidaarosak is worked out on a different divisor from a kindlustusosak, with its own annual cap, set lower for anyone who is also enrolled in the mandatory funded pension (II pillar).
What the law itself does not state
Neither the base component’s nor the annual value’s current euro figure is stated in RPKS’s own text — § 61 lists only historical step-changes through 2023, and for every later period the law hands the computation to the Social Insurance Board’s own annual, 1 April calculation.
The base component’s current euro figure is not in RPKS’s text.
The current euro value of the pensioni baasosa is not stated inside RPKS itself. Same absence as the rahvapensioni määr: § 61 states only historical step-changes through 2023, and § 26 lg 7 hands every later period to Sotsiaalkindlustusamet's own annual 1 April computation, published administratively rather than as a further amendment to this Act.
The annual value’s current euro figure is not in RPKS’s text.
The current euro value of the pensioni aastahinne is not stated inside RPKS itself — same absence as baasosa and the rahvapensioni määr (§ 61 historical deltas only; § 26 lg 7 hands current-period computation to Sotsiaalkindlustusamet, published administratively).
The Social Insurance Board recalculates both euro figures fresh each year before 1 January — an annual administrative computation by the Board itself, not an amendment to RPKS.
The annual value broadly tracks the same indexation rule as pensions already in payment — but not one-for-one: a different pre-multiplier is applied to the base component’s and the annual value’s own growth portion before the index is computed, so the two do not grow by exactly the same amount. The exact multiplier is not in this section’s data.
Annual indexation
Pensions already in payment, along with the base component and the annual value, are indexed every year from pension month 4 (April) rather than January. The index is always the same weighted blend of two figures: 0,2 of consumer-price growth and 0,8 of growth in pension-insurance social-tax revenue — the latter is not a published wage index but an actual-tax-revenue growth ratio, Estonia’s own approach rather than direct wage statistics.
The floor: the rahvapensioni määr
If the calculated old-age pension would come out lower than the rahvapensioni määr (national-pension rate), that rate is paid instead. The mechanism itself is clearly stated in the law — only the current euro figure is missing, for the same reason as the base component and the annual value.
The rahvapensioni määr’s current euro figure is not in RPKS’s text.
RPKS itself does not state the current euro value of the rahvapensioni määr (the figure a vanaduspension floors to, § 11 lg 6). § 61 states only historical STEP CHANGES through 1 January 2023 (each a delta — e.g. "+20 euro" — never a standalone current total), and hands every later period to the Social Insurance Board's own annual 1 April indexation (§ 26 lg 7), which is published administratively rather than as a further amendment to this Act.
No ceiling was found
No provision capping the maximum riiklik pension (nor vanaduspension specifically) was found in RPKS.
What this page does not cover
RPKS also revalues past years’ contributions inherently, by construction — see below — but that mechanism is not shown here as a separate table.
Estonia publishes no valorisation/revaluation index for past years' earnings. Each calendar year's "kindlustusosak" (insurance unit) is formed by dividing the insured's own personalised pension-insurance social-tax contributions for that year by the AVERAGE personalised pension-insurance contribution for that SAME calendar year (§ 12 lg 1) — so every year of a career is already a ratio to its own year's national average, and needs no separate table to bring it to present value before the formula runs.