Not all pensioners will receive a supplement in March: explanation from Getmantsev
1 March 04:09
Pension indexation in Ukraine in March is expected to increase payments in the range of 100 to 2,595 hryvnia, but this will not affect a significant portion of pensioners, in particular those Ukrainians who receive the minimum pension.
This was stated to the Telegraph publication by the head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Danylo Getmantsev, reports "Komersant Ukrainian".
According to him, by law, the minimum pension cannot be lower than the subsistence minimum.
“The pension is first calculated based on seniority and earnings. If this amount is less, the state pays the difference up to the minimum level. Indexation applies only to the calculated amount of the pension itself, not to the additional payment. In most cases, even after indexation, the basic pension amount remains below the subsistence minimum. Therefore, the government increases the “body” of the pension, but at the same time reduces the amount of the supplement to the subsistence minimum. As a result, a person actually receives the same amount — a pension equal to the subsistence minimum,” he explained.
To solve this problem, Getmantsev sees two options: introduce a basic social part of the pension at the level of the actual subsistence minimum, or change the indexation rules.
“Pensions cannot be lower than the subsistence level,” he added.
Pensions in Ukraine — latest news
The Cabinet of Ministers has determined the basic parameters for pension indexation for 2026. The government has already agreed on the basic recalculation indicators and is finalizing the preparation of the relevant regulatory act.
From March 1, payments to Ukrainians will be increased by 12.1%, which exceeds the inflation index for the previous year by 4%, said Minister of Social Policy, Family, and Unity of Ukraine Denys Ulyutin.
“The recalculation will take place on March 1. We are currently finalizing the calculations and drafting the regulatory act, which will be submitted to the Cabinet of Ministers, and all pensioners will be recalculated,” Ulyutin said.
The indexation mechanism was established in 2004 by the Law “On Compulsory State Pension Insurance.” Since 2005, the recalculation has been carried out by increasing the average wage index, but in 2014, the increase in pensions was suspended. In 2017, a pension reform took place and the law on pension indexation was reinstated.
In addition to old-age pensions, Ukraine has a system of preferential pensions, which allows certain categories of citizens to retire earlier than the established general retirement age. This is due to the nature of their work, which may be harmful to their health or require significant physical exertion.
