Pensions will be recalculated for Ukrainians in September: to whom and how



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Pensions in Ukraine

Pensions in Ukraine.

In Ukraine, one and a half million retirees as of September 1 will receive payments in the amount of 111 UAH more. This is due to the increase in the minimum wage.

This is stated in the OBOZREVATEL material. Ukrainians who have met the experience requirements and turned 65 can count on a raise. They are entitled to 40% of the minimum wage. Until September 1 it is 1,889 UAH, and after September 1 it is already 2,000 UAH.

The minimum wage is such a trait: less is not allowed, but more is possible. It is difficult to say how many Ukrainians receive the minimum wage. As former minister of social policy Andrey Reva told OBOZREVATEL in a comment, about 75% of employees in small and medium-sized companies officially have that salary. But this is only official, they say, most receive a portion of their income in an envelope.

That is, there are two options in which you will be shown an increase in the minimum wage. First, you get most of your salary in an envelope and officially live on minimum wage. In this case, the employer will be forced to increase the size of the target salary. Second, you really get the minimum wage. In this case their income should grow by at least 277 UAH.

As reported by OBOZREVATEL, Ukrainians, according to the draft law for the launch of the second level of pension savings of the “Servant of the People” (No. 2683), will have to pay an average of 3 to 7% of their monthly salaries.

In Ukraine, the minimum pension is one of the lowest in Europe. For several years, payment has been calculated based on a reduced experience evaluation coefficient. For example, if you now have a well-deserved rest, with an average salary (about 10 thousand UAH), then the size of the pension will be only 2.1 thousand UAH.

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