Despite the war in Ukraine, the state continues to pay pensions and other social benefits to citizens. After the introduction of the second pillar of the pension system - funded, Ukrainians will be able to choose a pension fund for such contributions. But that opportunity won't come..

Deputy Minister of Social Policy Daria Marchak on the air of a nationwide telethon told how Ukrainians will be able to pay contributions to receive a funded pension. This is written by the Social Information Platform.

Marchak noted that at the initial stage, the savings will go to the state pension fund, and in three years - at the choice of the person.

“People will be able to choose their own pension fund – public or private. The state will regulate through laws and regulations the quality of the work of these funds, the requirements for their functioning. And in order for private institutions to prepare for the introduction of the funded system, at the first stage, for the first three years, it is assumed that all contributions will be made to the state pension fund,” she said..

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According to the official, it will be a completely different institution, and not the Pension Fund, which is currently functioning.. Marchak explained that three years after the launch of the funded pension system, Ukrainians will be able to choose the fund where they will make contributions for their future pension..

Recall that Ukrainians who are forced to leave for another country due to the invasion of the Russian Federation can apply for pensions online through the electronic portal of the Pension Fund of Ukraine.