The head of the Ministry of social policy told, when Parliament will present a draft pension reform

The Ukrainian government plans to present a draft pension reform to the Verkhovna Rada until may 16.

About it in interview “to Mirror of week” said Minister of social policy Andrei Reva, reports “Interfax-Ukraine”.

“We should all count, can’t be rushed. Serious work experts, economists, from the Ministry of economy, Ministry of Finance, as well as from the IMF. Until may 16, we need to introduce the relevant bill in the Verkhovna Rada”, – said the Minister.

Reva said that pension reform is key for the country.

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According to him, the increase in pensions and implementation of the reforms are planned to be funded with the additional revenues of the Pension Fund, fixing its deficit at the current level.

We will remind, the Prime Minister Volodymyr Hroisman has promised a significant increase of pensions since 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 the adoption by Parliament of draft law on 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.

Also earlier it was reported that the Cabinet plans from 1 October to increase the pensions of 5.62 million Ukrainians.