Remuneration of Eesti Pank Executives in 2011

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.