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Ukrainians in 2021 expect three more stages of pension increase. As a result, the maximum payment will increase by 1,650 UAH.
This is derived from the approved budget of the Pension Fund. In addition to the indicated stages of the increase, pensions will also be raised to working Ukrainians in April.
First stage: the minimum and maximum pensions will be increased from July
Until July 1, Ukrainians receive pensions, the amount of which cannot be less than 1,769 UAH. And from July 1, the minimum pension will rise to 1,854 UAH. At the same time, the maximum pension will increase immediately. for UAH 850 – up to UAH 18,540.
The corresponding recalculation was approved in the Pension Fund budget. As OBOZREVATEL already wrote, the recalculation will be done in five stages. In July, it will be associated with an increase in the cost of living. At the same time, allowances for excess of standard seniority will also increase (they amount to 1% of the minimum pension each year).
According to the law, Ukrainian pensioners must receive a payment, the amount of which is not less than the subsistence level. Along with the growth of this last indicator, the payments will be recalculated. It is also worth noting that the real cost of living in Ukraine is much higher.
Second stage: increase in pensions for Ukrainians aged 75 and over
Ukrainian pensioners between the ages of 75 and 80 will lose 1,200 UAH each as the Cabinet of Ministers has decided to postpone increasing their payments for three months. This follows from the government’s decision, according to which the increase was postponed from July to October. The main reason is to save money on pensions for some Ukrainians. It should be noted that the amount of the increase will be about 400 UAH.
Now Ukrainians who turned 80 last year or earlier receive additional payments. They can count on help in the amount of around 500 UAH. The Cabinet of Ministers announced a gradual increase in the number of Ukrainians who can request such additional payment. In 2021, for people over 75 years old.
Stage three: December recalculation
The minimum pension will be raised again on December 1. Instead of 1854 hryvnias, they will pay 1934 hryvnyas. At the same time, the maximum pension will increase from 18,540 UAH to 19,340 UAH.
As OBOZREVATEL reported:
