At the same time, the government provides an opportunity to buy the missing years. As explained during the presentation of the bill, Prime Minister Vladimir Groisman, he hopes that the reform will be adopted by the Verkhovna Rada of the long holidays and will enter into force on October 1 of this year.

He also promised that the document will be sent to the National Reform Council, after which it is planned to make it to the Rada. However, Groisman estimated the necessary amount to raise pensions in 30.7 billion hryvnia in 2018 and stressed that from January 1, 2019 for miners will actually be introduced the second level of the funded system. Young miners under 35 will open a personal account in the Pension Fund.

Pension accounts will be accrued to this personal account, and then miners will receive a pension from this account directly,.

He also said that the pension reform provides for the possibility of buying up to five years of missing insurance coverage according to the coefficient - one year - 2, two years - 1.8, three years - 1.6, four years - 1.4, five years - 1, 2.

Recall, as reported URA-Inform, the Memorandum between Ukraine and the IMF provides that in order to create a stable foundation of the pension system, the Verkhovna Rada should by the end of May 2017 adopt a comprehensive pension reform, which will enter into force on January 1, 2018.