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In Ukraine, from April 1, they will recalculate pensions for those who continued working after retirement. It will increase the size of the payment itself and the increase for the duration of the service.
This is established in the Law on compulsory state pension insurance. In total, there are about 2.7 million retirees working in Ukraine. Your pension amount is recalculated on April 1 of any year, provided you have accumulated 24 months of additional work experience.
How pensions are increased:
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if they have met the seniority requirements (30 years for women and 35 years for men), the pension is increased by 2% of the subsistence minimum (seniority allowance, 35.3 UAH);
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the size of the “net” pension itself is increased by 2%. For example, if your estimated pension is 6,000 UAH, after 24 months of additional work experience, the increase will be 120 UAH.
“The organs of the Pension Fund annually from April 1, without additional recourse from the person, recalculate the pension to those people who, as of March 1 of the year in which the recalculation is made, received the right to recalculate ”. says the law.
As OBOZREVATEL reported, in Ukraine, from July 1, the subsistence minimum for the disabled will be increased by 85 UAH. As a result, the minimum pension will increase by 85 UAH to 1,854 UAH, and the maximum pension – from 850 UAH to 18,540 UAH.
