Minimum pension to increase in Ukraine from Dec 1 – PM
From December 1, 2021, the minimum pension in Ukraine will increase due to an increase in the minimum wage, Prime Minister Denys Shmyhal said on Sunday.
"The minimum pension in Ukraine will increase from December 1 due to the increase in the minimum wage. To ensure a timely increase in pensions, the government this week has increased the budget of the Pension Fund by UAH 18.5 billion," Shmyhal wrote on his Facebook page.
He also noted that the changes approved by the Cabinet of Ministers this week in the income and expenditure side of the Pension Fund will allow without delay to pay the supplements introduced from July 1 to the pensions of military personnel, increased pensions to combatants, persons with disabilities and victims of the Chornobyl disaster.
"The government will continue to consistently improve social standards for Ukrainians," the prime minister stressed.
As reported, the Cabinet of Ministers of Ukraine increased the Pension Fund budget by UAH 18.5 billion. This decision will allow for a planned increase in pensions due to the increase in the minimum wage to UAH 6,500.
Advertising
Advertising
MORE ABOUT
It will be possible to launch funded pension system only after victory, but infrastructure to be ready before 2025 – Zholnovych
13:03, 03.10.2023
Assets of private pension system grow by 6.8% in 2022
20:59, 24.03.2023
Military retirees to receive monthly allowance of UAH 2,000, minimum pension to be UAH 3,800 – PM
09:09, 10.07.2021
Lazebna expects to adopt bill on funded pension system in 2021, to launch system in 2023
09:59, 25.01.2021
Health Ministry develops bill establishing minimum wage for doctors
12:07, 16.12.2020
LATEST
Naftogaz Group receives UAH 23.1 bln net profit in 2023 against UAH 79.1 bln loss in 2022
12:52, 07.05.2024
After opening of sea exports, Metinvest increases workload of factories, directs efforts to retain teams – HR Director
20:17, 06.05.2024
Kamet Steel plant carrying out major overhaul of cable rack at coke chemical division for uninterrupted power supply
19:52, 06.05.2024
Business expectations in Ukrainian construction market in Q2 decrease by 1.1 pp – statistics
19:16, 06.05.2024
Four MPC members expect reduction of key policy rate to 11.5-12% by late 2024, remaining 7 expect fall to 13% – NBU