Ukrainians promise to increase pensions

The pension will increase in case of acceptance by Parliament of the pension reform.

The minimum guaranteed pension in Ukraine will increase by 11% and amount to UAH 1 452. This will happen if the Parliament adopts the pension reform.

This was stated by the head of the Rada Committee on social policy, employment and pension provision Lyudmila Denisova.

“For retirees who have full insurance from October 1, benefits will increase by 140 UAH, or 11%,” – said Denisov.

So, if Parliament adopts the pension reform, from 1 October for appointment and recalculation of pensions will apply a living wage on December 1, 2017. That is, from October 1, the subsistence minimum for retirees who have a total insurance period is 1 452 hryvnia, and not 1 312 as it is now.

Denisov noted, the pension reform provides guarantees for the disabled since childhood, disabled children, pensioners, do not have the full experience, and individuals who are not eligible to retire and receive now 949 UAH. The number of such citizens today – about 1 million people. The amount of the pension will increase by 45% and will reach 1 373 hryvnia, said Denisov.

The head of the Committee also stressed that from 1 October to 5.6 million pensioners pension in an average increase by UAH 692. This will occur as a result of modernization or recalculation of pensions taking into account the average wage over the last three years.

For 600 thousand pensioners abolished the 15% limit the payment of pensions. For 104 thousand women who prematurely retired at 55 years, is canceled to reduce the size of pensions.

“The pension is subject to indexation. The reform stipulates that from 2019, the indexing will happen automatically. No need to make separate decisions of the government or the Verkhovna Rada of Ukraine: 50% of the increase in consumer prices and 50% rise in the average salary per calendar year. And 2021 for the previous three calendar years”, – said Denisov.

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