In March, pensions in Ukraine will be indexed by 10%, but this will not cover the real level of inflation. It is expected that without pension reform and the introduction of a funded system, Ukrainian pensioners will be one of the poorest in Europe. This was told by the Chairman of the Committee on Finance, Tax and Customs Policy Daniil Getmantsev (" "

According to him, due to the lack of a funded pension system, Ukrainian pensioners remain one of the poorest in Europe. According to the draft budget, the Pension Fund of Ukraine for 2025, its total expenses will amount to 908.2 billion UAH, of which:.

The main change in March is the indexation of payments by 10%. "

However, he adds, indexation will not block the real price increase. Therefore, pensioners will continue to remain one of the poorest in Europe.

Despite regular increase, the pension system of Ukraine remains one of the least effective in Europe. The main problem is the lack of a funded level that allows citizens to form additional payments. "

If the accumulative system were launched back in the mid-2000s, today young pensioners would receive payments from two sources-the State Fund and their own savings.

However, due to the lack of determination in the adoption of important reforms, the whole generation of Ukrainians (those who were 30-40 years old in the mid-2000s) were left without savings and now depends solely on the state joint system.

" According to Getmantsev, only the introduction of the second level of the pension system - mandatory accumulative insurance can solve the problem.

However, the introduction of such a reform requires political will, and the Verkhovna Rada of the current convocation gradually loses the potential for complex changes due to approaching its cadence. "