The Cabinet approved the Pension Fund budget

Кабмин утвердил бюджет Пенсионного фонда

The government approved the budget PF

The budget was endorsed with revenues 353,6 billion hryvnias and expenses 345,8 billion.

The Cabinet approved the Pension Fund budget for 2018, taking into account envisaged by the state budget appropriation for pension funding in the amount of 139 an increase of 313.4 million. Accordingly the decision of Ministers adopted today at the meeting of January 11, UKRINFORM reported.

As noted, provided funding gives you the opportunity to ensure the payment of pensions, allowances and promotions, the deficit in the funds PFCs in accordance with applicable law.

The total volume of budget revenues are determined in the amount of 353 628,6 million. The total amount of the expenditure side in the amount of 345 811,7 million.

Resolution of the Cabinet of Ministers aimed at ensuring timely and full payments of pensions and financial assistance, implementation of legislation to improve pension provision of citizens and organizations of the pension system.

We will remind, in November the average pension in Ukraine in comparison with January of the current year increased by 41.1% and amounted to UAH 2447,95.