Re-established in 1992 as Viljandi JK, Tulevik are a founding member of the Meistriliiga. The club finished the 1992–93 season last and were relegated to the Esiliiga. They returned to the Mesitriliiga in 1997, when another Flora affiliated club Lelle moved to Viljandi.
Since 2011 Tulevik has once again become an independent club and was relegated to the II Liiga, while FC Viljandi replaced Tulevik in the Meistriliiga. Since 2015, Tulevik once again play in the Meistriliiga.