Amounts paid in 2011 to the officials of Eesti Pank listed in the Anti-corruption Act

Remuneration of the Members of the Executive Board of Eesti Pank in 2011

  Post Name Total in
2011
Basic salary
in 2011
Total of additional
remuneration and
compensation
Other [1]
1 Governor of Eesti Pank Andres Lipstok 100986,56 [2] 85130,28 15856,28  
2 Deputy Governor of Eesti Pank Rein Minka 114882,95 [2] 37244,48 26958,5 50679,97
3 Deputy Governor of Eesti Pank Märten Ross 117123,19 [2] 37244,48 38455,3 41423,41
4 Deputy Governor of Eesti Pank Ülo Kaasik 28541,29 24750 1909,62 1881,67
5 EP Deputy Governor of Eesti Pank Madis Müller 19500 19500    

Remuneration of the Members of the Supervisory Board of Eesti Pank in 2011

  Name Post Supervisory Board
Member’s compensation 
1 Jaan Sven Männik EPN esimees 19940,40
2 Kalev Kallo EPN liige 12271,08
3 Irene Kull EPN liige 12271,08
4 Enn Listra EPN liige 12271,08
5 Tõnis Palts EPN liige 12271,08
6 Valdo Randpere EPN liige 12271,08
7 Liina Tõnisson EPN liige 12271,08
8 Urmas Varblane EPN liige 12271,08
[1] Eesti Pank supports its employees’ investments in the voluntary pension system by compensating 1/3 of their contributions but not more than 5% of their gross salary.
[2] In January 2011, Governor of Eesti Pank and the Deputy Governors Märten Ross and Rein Minka received a bonus of 60% of their monthly salary for Estonia’s successful changeover to the euro and for Eesti Pank’s entry into the Eurosystem. This was a one-off bonus awarded to all the employees of Eesti Pank. In addition, Märten Ross and Rein Minka received termination payments in the amount of their six months’ salary.