Pension provision: will the retirement age be raised in Ukraine

26 March 2023, 11:30 | Economy
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In Ukraine, the right to an old-age pension is determined depending on the acquired insurance period upon reaching the age prescribed by law. So, to retire at 60 in 2023, you must have at least 30 years of insurance experience..

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First Deputy Minister of Social Policy Daria Marchak on the air of the telethon explained whether the retirement age will be increased in the near future.

She reassured the citizens of Ukraine and noted that now the government is not considering raising the retirement age.. She also recalled that from April 1 and July 1, pensions will be indexed for some categories of pensioners whose payments were not increased in March..

“Actually, indexation has no risks, it has already taken place as a fact.

On April 1, the annual recalculation of pensions for working pensioners will take place, and from July 1, pensions will be indexed for those persons who were civil servants or employees of local authorities, scientists and for other categories of citizens,” the Deputy Minister explained..

Despite economic difficulties in Ukraine, indexation of pensions was carried out on March 1. Recall, the expert explained why some pensioners did not increase payments.




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