Prindi

Estonian Unemployment Insurance Fund

The objective of the Estonian Unemployment Insurance Fund is the payment of unemployment insurance benefits, benefits upon collective termination of employment contracts and benefits upon the insolvency of employer in accordance with the Unemployment Insurance Act and other legislation. The Fund took up its activities in 2002. The payment of insurance benefits began in 2003.

The Fund is a legal person in public law acting in accordance with the statutes of unemployment fund established and amended by a Regulation of the Government of the Republic.

The Fund is registered in the national register of central and local government bodies under number 74000085.

The highest body of the Fund is the Supervisory Board composed of six members. According to the Unemployment Insurance Act, the Government of the Republic appoints two members of the Supervisory Board. The Confederation of Estonian Trade Unions and the Estonian Employees' Unions' Confederation both appoint one member and the Estonian Employers' Confederation appoints two members.

A three-member Management Board is responsible for managing the operations of the Fund. The Chairman of the Fund's Supervisory Board is Tarmo Kriis, Estonian Employers' Confederation and the Chairman of the Management Board is Meelis Paavel.