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The indexation of pensions in 2020 was carried out on May 1
Pensions will be indexed by more than 9 million pensioners, but some 8 million pensioners will receive an increase, according to the Ministry of Social Policy.
The Council of Ministers has set March 1 as the date for the annual increase in pensions. Corresponding resolution Some issues regarding the increase in pension payments for certain categories of people in 2021 were adopted at a government meeting on Wednesday, September 16, RBC-Ukraine reported.
“We propose to determine March 1 as the date for the indexation of pensions from 2021. We assume that pensions will be indexed by more than 9 million pensioners, but the increase, as we already know from practice, will receive about 8 million pensioners, “said the Minister of Marine Social Policy. Lazebnaya.
The indexation of pensions in 2020 was carried out on May 1. According to the Pension Fund of Ukraine, in May 2020, payments were increased for 8.36 million people. Pensions have been recalculated using an average wage increase ratio in Ukraine of 1.11.
The amount of the increase as a result of the recalculation cannot be less than 100 UAH. Furthermore, according to the adopted resolution, pensioners over the age of 75 will be paid between 400 and 500 UAH. – if your pension does not reach the average salary for 2020. 1.4 million people fall under the decree.
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