Indexing pensions in 2023: how much will payments increase in March

In February 2023, the Pension Fund will calculate the average salary for 2022, and on March 1, the minimum pensions will be automatically recalculated.

In March 2023, pension payments will be indexed to Ukrainian pensioners. It is not yet known exactly how the payout amounts will change, but indexation will definitely happen in double digits. Daniil Getmantsev, Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, told Channel 24.

consumer inflation in 2022. 26.6%therefore the indexing size will be as close as possible to this indicator.

“We do not yet know what the average salary was for the last year when ERUs were paid. The Pension Fund is currently doing the calculations and the final coefficient will be approved by the Cabinet, I think, in about a week or two. And then we will find out what the indexing size will be. Indexing in any case The size will be determined as double digits,” he said.

From 1 March, whose pensions will be recalculated?

The increase in payments will affect the most vulnerable categories of paid Ukrainians:

  • by disability;
  • by age;
  • by seniority:
  • on the loss of a livelihood.

The amount of minimum insurance payments will also be revised. This applies to:

  • Disabled Chernobyl
  • Liquidators of the accident at the Chernobyl nuclear power plant.

Payments for this category of citizens depend on the average salary for 2022. Indicator of the average salary for which insurance premiums were paid at the end of last year 13 387 UAH 48 kop.

Previously Focus He said that the Ministry of Finance of Ukraine will check the relevance of personal data of pensioners, which affects the amount of monthly cash payments. It is known that the department will examine some parameters taken from the Pension Fund of Ukraine (PFU) along with the real situation.

Moreover Focus As of December 1, 2022, the housing and communal services debt of Ukrainians 35.35 billion UAHMost of all, during the war, people do not pay for heating and hot water.

Source: Focus

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