Pension reform will guarantee an annual increase in pensions in automatic mode.

This was reported by Deputy Minister of Social Policy Nikolai Shambir, the press service of the department.

"If the Parliament adopts the draft pension reform, as early as October, the pensions will be modernized, that is, they will increase in size in accordance with the existing economic indicators. In the future, a mechanism for the permanent indexation of pensions will be launched, "the deputy minister said..

According to him, this step will make it possible to transfer the process of raising pensions to automatic mode, which will make it impossible to repeat the situation in which those who retired later will have better conditions than those who became pensioners before.

Previously, the law provided for a mechanism for indexing pensions, but subject to the availability of funds, which made it possible not to do so.

"Henceforth, pensions will grow continuously, and not less than 50% of the average salary and 50% of the inflation rate. I emphasize - not less than this indicator, and with additional funds, even more, "- concluded Shambir.

Earlier it was reported that Groisman warned about an increase in the deficit of the Pension Fund by 34 billion hryvnia to 175 billion hryvnia in 2018 in case of rejection by the Verkhovna Rada of the pension reform proposed by the Cabinet of Ministers.