How the introduction of a funded pension may affect Ukrainians: an expert's opinion

03 February 2023, 10:23 | Economy
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Ukraine plans to introduce a funded pension, which is designed to increase the amount of pension payments. But there are those citizens who can suffer much more than others from the introduction of funded pensions.. This opinion was expressed by a member of the Supervisory Board of the Ukrainian Business Council, Executive Director of the Ukrainian Direct Selling Association Nadezhda Bedrichuk, writes the publication "

In Ukraine, the main key to pension reform is the demographic factor. When introducing the second pillar of the funded pension system, the burden on different categories of the population, depending on age, can vary significantly. Middle-aged people are most affected.

“The main burden of the new system will fall on the shoulders of Ukrainians, who are 40-45 years old today,” said Bedrychuk..



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She noted that it is this category of persons that in fact bears double obligations. Firstly, they must support retired parents, and their children are growing up. Second, they already need to save for their retirement.

Bedrychuk stressed that there are a number of problems related to demography in Ukraine. She explained that as a result, entrepreneurs have to somehow resolve issues related to demography and labor migration..

Earlier we wrote what will change for pensioners in Ukraine from February 1.




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