According to the head of the department, Oksana Zholnovich, after lengthy calculations, the ministry came to the conclusion that there are enough funds. The average pension will now increase from UAH 3,500 to UAH 4,200-4,500.
In March, all Ukrainian pensioners will receive increased payments, although the current formula provides for an increase in pensions only for those categories of citizens whose pension is above the minimum. About it on the air of the telethon reported Minister of Social Policy of Ukraine Oksana Zholnovich.
“We are working to ensure indexation for all categories; the formula defined by the current legislation provides for an increase in pensions only for those categories whose pension is above the minimum,” the minister said.
Zholnovich also mentioned that inflation “ate” the incomes of Ukrainian citizens, for this reason the government is trying to provide an increase in pensions for all pensioners, regardless of categories, even if the pension is minimal.
According to Zholnovich, after lengthy calculations, the ministry came to the conclusion that there would be enough funds, so it was decided to increase pensions by 20% from March 1.
“The average surcharge will be from 400 hryvnia to 700 hryvnia,” the head of the ministry said.
When determining a specific amount, experience and age are taken into account. The average pension – UAH 3,500 – will now rise to UAH 4,200 – 4,500.
Recall that in Ukraine they will conduct a large-scale check of the legality of payments. The Ministry of Finance has developed a new methodology for verifying pension contributions, according to which pensions will be verified in the future.
Previously Focus figured out when indexation would take place and how payments to Ukrainians would be recalculated. The government decided to index pensions despite the war.