Became known, who will raise pensions since October

The Cabinet plans from 1 October to increase the pensions of 5.62 million Ukrainians.

About this, speaking about the results of years of work by the government, said Prime Minister Vladimir Groisman, reports UNIAN.

“We will make modernization of pensions for 5 million 620 thousand Ukrainian citizens… Our reform envisages that from 1 October we will offer to cancel the taxation of pensions for working pensioners,” – said the Prime Minister.

In particular, to 1,308 million pensioners increase pensions up to UAH 200 for 1,208 million people – from 200 to 500 UAH, for almost 2 million pensioners payments will increase in amount from 500 to 1000 UAH, and for the 1.1 million Ukrainians – more than 1000 UAH per month.

See also:

Ukrainians will raise the subsistence minimum and minimum pension may

Recall that Prime Minister Vladimir Groisman promised a significant increase in pensions from October. The head of government informed that currently 80% of Ukrainian pensioners are living below the poverty line.

March 31, Groisman said that in the case of adoption of the Council’s draft pension reform until July 15, the government will be able to increase pensions from 1 October. According to officials, pension reform should include three criteria: fairness, balanced Pension Fund, and increased pensions.

The new pension reform, according to the head of the government, will allow for 7 years to completely eliminate the deficit of the Pension Fund of 140 billion UAH.

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