In 2021, there will be three more stages of increasing pensions – Shmyhal


Photo: Government Portal

During 2021, Ukraine plans to hold 3 more stages of increasing pension payments.

This was stated by Prime Minister of Ukraine Denis Shmyhal at a government meeting, according to the Government portal.

According to him the indexation of pensions for 8 million Ukrainians began on March 1 – the average increase in payments will be $ 11.

“The policy of increasing pensions will continue. This year we have 3 more stages of increase for different categories of pensioners”, the Prime Minister stressed.

At the same time, according to the head of government, in order for pension payments to increase 2-3 times, it is necessary to change the approach by introducing the accumulative level of the pension system.

“Part of the taxes that a person pays should go to a personal pension account. Then these funds will be invested in reliable financial instruments. And when a person retires, he will have both a general joint pension payment and a payment from a personal pension savings account”, Shmyhal said.

The Ministry of Social Policy told about the stages of increasing pensions in 2021.

date 10.03.2021
categories Economics

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