According to the people’s deputy Roksolana Pidlasa, indexation of pensions and other social benefits is planned for 2024. However, it is planned to reduce the payments for retired civil servants who receive a significant amount of money.
In the near future, there will be a vote on Ukraine’s 2024 State Budget, which includes expenses to close the Pension Fund deficit. People’s Deputy of Ukraine and Chairman of the Budget Committee Roksolana Pidlasa announced on November 5 that it is planned to launch a reform of the solidarity pension system next year.
According to him, the document ensures the indexation of pensions and other social payments, while preserving the financing of all social payments.
“Pensions, doctor and teacher salaries, social benefits are protected expenditure items, they are all protected. It is also planned to index pensions on March 1. In general, all payments that people receive from the state will be indexed from now on” said Pidlasa.
The deputy noted that cuts in payments are planned for certain categories of retirees who receive large sums.
“So there will be an increase in the salaries of those who are currently receiving the lowest pensions. At the same time, we plan to reduce the salaries of civil servants who retire and receive astronomical amounts. All this is being done so that the joint pension system was more fair,” Pidlasa emphasized.
Pensions in Ukraine
The Pension Fund reported that, thanks to additional pension contributions, Ukrainian retirees have the opportunity to significantly increase the size of their pension payments. While some of these additional payments are calculated automatically, for some you need to provide special certificates to the Pension Fund of Ukraine.
In addition, a certain category of citizens is entitled to an increase in the amount of one quarter of the subsistence minimum. At the same time, pensions with all additional payments cannot be below 4.3 thousand hryvnia.
It has also been previously reported how much work experience you need to have in 2024. The right to receive an old-age pension in Ukraine is determined depending on the relevant insurance experience acquired by the person. If you do not have enough experience, you can buy it.
Let us remind you that on November 6, it was announced how much the pensions would increase as of January 1. The increase in the cost of living included in the 2024 draft budget will lead to an increase in pensions and social benefits.
Source: Focus
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