Pensions in Ukraine 2022: how to increase payments to those who retired after years of service

28 August 2022, 08:51 | Economy 
фото с Зеркало недели

Until the end of 2022, two increases in pension payments are planned in Ukraine. And Ukrainians who have retired by seniority can increase the amount of payments, replacing it with an old-age pension.

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If a citizen of Ukraine has reached retirement age, has at least 29 years of service and an assigned pension for long service, but wants to receive a larger amount of payments, he needs to apply to the territorial department of the Pension Fund of Ukraine for an age pension.

According to the lawyer, when applying to the PFU with a corresponding application, a pensioner may face an incorrect calculation of the old-age pension.

PFC employees may incorrectly calculate the retirement pension if one of the pension indicators is incorrectly used in the calculations - the average salary in Ukraine, from which insurance premiums are paid, for the three calendar years preceding the year of applying for the appointment of the relevant payments.

This average salary is determined by the State Statistics Service of Ukraine, so it does not depend on the amount of salary that the pensioner received at work.

“When determining the amount of the old-age pension in 2022, PFU employees can apply the average salary for 2014-2016: UAH 6,186.32, and they must apply the average salary for 2019-2021 in the amount of UAH 10,846.37,” —.

Источник: Зеркало недели