The Cabinet was told, when will the pension modernization

В Кабмине рассказали, когда закончится осовременивание пенсий

Groisman and pensioners

In Ukraine, modernization of pensions will be conducted until 2021.

In Ukraine, the pension modernization will continue until 2021. This was stated by Minister of social policy Andrei Reva, the press service of the Ministry Monday, July 17.

“We can’t in one step to overcome the 11 dimensions of the average wage on which the pension was calculated”, he said.

According to the Minister, the first step will involve 5.6 million pensioners – those who pensions were paid from 2008 to 2014. In 2019 the pension will be sovremennitsa those who went on a holiday in 2015 and 2016, by level of 2018, “and so forth.”

According to him, in 2021 will start its normal process of indexing that will allow to avoid return of the gap between the size of payments to new pensioners and those who will retire a year early. Today, such gaps in pensions reach three or more times. As regards indexation, the pension reform stipulates that from 2021 indexing will be performed automatically by the amount of not less than 50% of inflation and 50% of the average wage.

We will note, earlier Prime Minister Vladimir Groisman published a video of the formula of calculation of new pensions.