The government made changes to the procedure for calculating the average salary

03 June 2023, 20:31 | Finance and Banking
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The Cabinet of Ministers amended the procedure for calculating the average wage (income, monetary allowance) for calculating payments for compulsory state social insurance. It is reported by "

In particular, the list of good reasons was supplemented, according to which, when calculating the average wage for calculating insurance payments, certain unworked calendar days are excluded from the billing period. This applies to periods during which the employee passed:.

military service,.

military service on the conscription of officers,.

conscription military service during mobilization, for a special period,.

military service for the conscription of persons from among the reservists during a special period or.

did military service under a contract during the special period until its end or until the day of the actual dismissal, when he did not retain the average earnings for such a period and did not pay a single contribution by the employer.



Recall that earlier it was allowed not to take into account the size of the salary after February 24 when calculating the pension..

This follows from the law "

Pensions in Ukraine are calculated according to the formula: the ratio of own salary to the average multiplied by the length of service in years, 1% and the average salary in the country for three years. In other words, the lower your own salary, the lower your pension will be..




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