III pillar pension (tax refund) calculator
Calculate the income tax refund from a III pillar contribution based on your annual income and contribution.
III pillar contributions are deductible up to 15% of income or 6000 €, refunding 22% income tax.
Income tax refund
€660.00
via tax return
Deductible amount€3,000.00
Income tax refund€660.00
Calculations are based on Estonia's tax rates in force for 2026. Results are informational.
Last updated: 2026-06-03
How does the III pillar give a tax benefit?
III pillar (voluntary funded pension) contributions can be deducted in the tax return up to 15% of annual income or 6000 € (whichever is lower). The deductible amount refunds 22% income tax. For example, a 3000 € contribution refunds up to 660 €.