In 2018 will change the formula for calculating pensions and the increase in payments is not planned

Increase of pensions zaplanowane only in 2019.

У 2018 р зміниться формула розрахунку пенсій, а підвищення виплат не планується

In Ukraine pension reform in Ukraine began to work in the fall 2017, reports Rus.Media. this year the government intends to continue reforming the pension system. So, some changes came into force on 1 January 2018 and the rest will be introduced during the year. The main changes for retirees this year:

From 1 January 2018 has changed the norms of seniority for retirement age. Now 60 years old, retirement will be able to get those citizens who have 25 years of insurance experience. In 63 years – those who have 15 to 25 years of insurance, and 65 and older will only need 15 years of experience.

With the beginning of 2018, for those who will retire, will change the formula for calculating its amount. In 2017, one year insurance experience was considered a factor of 1.35%, now it decreased to 1%. Also will not be charged a “special” retirement for certain privileged categories.

Indexation of pensions this year are not expected, because in the budget the corresponding States are not registered, and consequently to the pension reform, the indexation of pensions is planned for 2019 Automatic recalculation of pensions not administered only in 2021г. It is tied to indices of growth of prices and average wages.

Increase of pensions is planned for 2019 According to the Prime Minister of Ukraine Vladimir Groisman, in 2019, the average pension will grow by 900 UAH. Also, a year promise to index pensions to the military, which has not changed since 2008.

From 1 January 2018 unemployed, which has reached the General retirement age, but have not received the right for a pension, might receive a temporary social assistance from the state in the period from 1 January to 31 December 2020

The allowance is granted by the social security authorities and paid to achieve such a person the age at which he will become entitled to pensions.

Share Button