The current Government will not take any steps to raise the retirement age. "I want to tell you that we have no fixed commitments to raise the retirement age. It is not in the Memorandum with the IMF, or in our commitments to other organizations. And I want to tell you, I am convinced that the current Government will not take any steps to raise the retirement age," Vice Prime Minister of Ukraine Pavlo Rozenko said.
"I just remind everyone, raising the retirement age for women is still going on, gradually. And this is a consequence of the reform, which was conducted at the time of Yanukovych-Azarov in 2011. And as you can see, raising the pension age would not positively affect the budget deficit of the Pension Fund, it increased significantly in comparison with 2011. If then he was about 40 billion, today it is over 140 billion hryvnia of subsidies from budget of the Pension Fund. That is a result of raising the retirement age, the deficit of the Pension Fund have not decreased, but increased," Pavlo Rozenko said.
According to him, it shows that the problem of the Pension Fund is not the issue of raising the pension age, but low income.