The process of readjustment of pensions encapsulates the principle of social justice, when retirees who have higher insurance records, higher qualifications and, accordingly, wages, will receive higher retirement payments. Vice Prime Minister Pavlo Rozenko announced on air of Priamiy TV channel.

The Vice Prime Minister emphasized the process of updating pensions is under way, thus it's not just a planned increase in pensions and added that it is of critical importance to ensure the fair principle.

Apart from that, he drew attention to the fact that individual calculations are being made now. Therefore, people who have insufficient seniority requirements and lower wages will receive small pension increase than those who have a long labor experience and high wages