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In Ukraine, as of July 1, 2021, the maximum pension will increase by 850 UAH to 18,540 UAH.
This is indicated in the budget for 2021. The increase is due to the recalculation of the subsistence minimum. Therefore, Ukrainians are entitled to receive a pension, the amount of which does not exceed 10 minimums for those who have lost the ability to work.
In December, the maximum pension will be increased to 19,340 UAH. The minimum pension from July 1 will be 1,854 UAH and from December 1, 1,934 UAH. This innovation is provided in Ukraine’s already approved budget for 2021.
The supplement for each year of experience that exceeds the norm in July will increase from 17.69 UAH to 18.54 UAH, and in December to 19.34 UAH. It is also important to note that from December 1, the guaranteed pension will increase from 2.4 to 2.6 thousand UAH for those who have met the seniority requirements and have reached 65 years of age.
To get a high payout, you need:
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officially work for at least 35 years. For each year worked, they give about 1% of the estimated income (it is less than the real salary);
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receive a white salary. If they pay more in envelopes, you should not expect a decent payment.
Note that as OBOZREVATEL already wrote, the increase in pensions in March should be around 11%. For example, with a pension of 3.5 thousand UAH, the amount of the increase can be about 385 UAH. If the decision is postponed from March, for example, to December, the Ukrainians will lose 3.4 thousand UAH.
Earlier OBOZREVATEL wrote in detail about what the pension reform of the Cabinet of Ministers will look like and why the situation with the payment of pensions in Ukraine will get worse every year.
