Pensions in Ukraine may double: what is known about the government’s initiative
26 January 09:35
Pensions in Ukraine are set to rise to 6,000 hryvnia. The Cabinet of Ministers is already working on this minimum payment level.
This was announced by the Minister of Social Policy, Family, and National Identity, Denis Ulyutin, in an interview with RBC-Ukraine, according to "Komersant Ukrainian".
The increase in pensions to 6,000 hryvnia will affect at least a third of pensioners. But there is one condition: reform of the solidarity system.
Currently, the minimum pension is 3,400 hryvnia. Thus, according to the Cabinet of Ministers’ plan, the basic payment could almost double.
Without reforming the solidarity level, according to Ulyutin, Ukraine will face the collapse of its social system.
“If a person receives 6,000 hryvnia instead of 4,000, this is a different quality of life, the opportunity to obtain medication, and less need for subsidies,” the official believes.
The revision of payments will affect a large segment of public sector employees—those who worked in low-paying jobs.
“They will all receive an increase. This is a significant number of people – a third of pensioners,” said the minister.
As part of the reform, according to Ulyutin, special pensions will not increase, which will help balance out the solidary system.
Currently, he said, the relevant bill is being finalized, but it still needs to be agreed upon with colleagues in the government and international partners.
