President of Ukraine Petro Poroshenko has signed a package of bills on pension reform developed by the Government of Ukraine and approved by the Verkhovna Rada of Ukraine, which allows virtually for the first time since independence to create a fair pension system for millions of citizens. This was stated by Prime Minister of Ukraine Volodymyr Groysman.

The Head of Government attended the signing ceremony and backed the words of the President that the reform is a decisive step aimed at restoring justice.

«Millions of Ukrainian retirees were waiting for this crucial moment. We had a long path before we achieved it. But today we have a pivotal moment to shape a fair pension system for the first time since our independence: our task is to ensure that pensioners will get higher retirement payments already this month», the Prime Minister stressed.

He thanked the President and all lawmakers for their participation in the elaboration and final adoption of the reform and assured the readiness of all authorities to implement the said decision.

"We will make every effort to ensure the growth of the economy. I am deeply convinced that we will succeed - there will be more jobs, higher salaries, we will lay the foundation for future generations, and the Pension Fund will not be jeopardized. The signing of the pension reform allows to start revaluation of pensions. I am grateful to the President and to all who supported the initiative and made it possible to pass the law in October. I congratulate and thank you for this decision», claimed Volodymyr Groysman.