In it, in particular, it is said that the Cabinet of Ministers of Ukraine offers the Verkhovna Rada to envisage raising the necessary insurance experience for retirement to 25 years in 2018 and up to 35 years annually until 2028. The document also proposes a revision of the conditions for the appointment of a pension at age 60 years from January 1, 2018.

At the same time, the insured person has the right to independently determine his retirement age. The government proposes at the age of 60 to retire those who on January 1, 2018 will have 25 years of insurance experience. At the same time, the range of requirements for the length of the insurance period will increase by 12 months each year until reaching 35 years in 2028.

At the same time, the document says that at 63 years old those who will have 15 years of insurance experience as of January 1, 2018 will retire, but not 25 years old. At the age of 65, those persons who, as of January 1, 2019, will have 15 years of insurance experience, will not be 16 years old. At the same time, the document provides for three years of a transition period, with loss of employment, to assign state social assistance if there is 15 years of insurance experience.

Also, the law prescribes the possibility of buying up to two years of missing insurance experience with the use of an additional coefficient: two - for a period of up to 12 months and 1.5 - for a period from 13 to 24 months.

The document also provides for a review of the size and conditions of the appointment of a minimum pension by age. It is planned that at the level of the subsistence minimum, a minimum pension will be assigned to persons who have an insurance period of 30/35 years for a woman and a man, respectively. At the same time, starting from January 1, 2018, a guarantee to ensure the payment of pensions in the minimum amount of 40% of the minimum wage, but not less than the subsistence level, will be provided to persons with an insurance period of 30/35 years, when they reach 65 years.

Recall, as reported URA-Inform, Minister of Social Policy of Ukraine Andrei Reva said that the increase in insurance period for retirement will begin in 2018.