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The retirement age will be raised for Ukrainians from April: new rules

In Ukraine, from April 1, the retirement age for women will be raised. In addition, they will recalculate the amount of payments for those who continued to work on a well-deserved rest.

This is stated in the law on “Compulsory State Pension Insurance”. Such innovations are already provided for by law.

What will change from April 1:

Women who were born before April 1, 1961, in 2021, will be able to go on a well-deserved rest at the age of 59.5. Havefrom April 1, the age of retirement will be 60 years.

Happy April, 1 will recalculate pensions for those who continued to work after retirement (there is 24 months of additional work experience). The size of the payment itself and the increase for the length of service will increase.

  • if they have fulfilled the requirements for length of service (30 years for women and 35 years for men), the pension is increased by 2% of the subsistence minimum (seniority allowance, UAH 35.3);

  • the size of the “net” pension itself is increased by 2%. For example, if your estimated pension is UAH 6,000, then after 24 months of additional work experience, the increase will be UAH 120.

As reported OBOZREVATEL, in Ukraine, from July 1, the subsistence minimum for the disabled will be increased by UAH 85. As a result, the minimum pension will increase by UAH 85 to UAH 1,854, and the maximum pension – by UAH 850 to UAH 18,540..

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