Thursday, September 13, 2018

Unemployment benefit payout amount to grow by quarter over four years

The amount of money necessary for the payment of unemployment insurance benefits in Estonia is set to grow by a quarter over the next four years to €65.7 million in 2022. According to estimates by the Estonian Unemployment Insurance Fund (Haigekassa), the unemployment insurance benefit is to be awarded to 20,800 people this year in the total amount of €52.5 million. While the number of recipients is not estimated to change significantly in the next few years, the necessary amount of money is seen to increase by 5-6% per year to €65.7 million in 2022, it appears from a draft government regulation establishing unemployment insurance premiums. Read More