12.1% indexation: Parliament explains how pensions will increase

2 March 17:24

On March 1, pensions and insurance payments in Ukraine were indexed using a coefficient of 1.121, i.e., by 12.1%. This was reported by the press service of the Verkhovna Rada of Ukraine, according to "Komersant Ukrainian".

The Verkhovna Rada’s Committee on Social Policy and Protection of Veterans’ Rights explained the mechanism for increasing and updating the minimum payments.

How indexation works

Indexation is carried out in accordance with current legislation and takes into account inflation and average wage growth. In 2026, a coefficient of 1.121 was applied, which means a 12.1% increase in pensions.

This applies to both old-age pensions and insurance payments.

Who will receive what

The committee has specified the minimum guaranteed pension amounts for certain categories:

  • 4,213 UAH — for pensioners aged 65 and over who are not working and have full insurance experience (30 years for women and 35 years for men);
  • 4,213 UAH — for persons over 80 years of age with the required length of service;
  • 4,050 UAH — for pensioners aged 75–80.

Parliament emphasizes that informing citizens about the new rules is an important part of implementing changes in the pension system.

How many pensioners and what payments

Earlier it was reported that there are about 10.17 million pensioners in Ukraine, and a third of them receive approximately 3,250 UAH per month.

The government has also allocated funds to resume payments to those citizens whose payments were temporarily suspended due to the need for physical identification or submission of a declaration of non-receipt of payments from the aggressor state.

Separately, an increase in minimum payments for family members of deceased and missing defenders has been announced.

Марина Максенко
Editor

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