An initiated by the Government pension reform allows for a systematic and balanced approach to the issue of decent provision of Ukrainian pensioners, including those who had long seniority, but who used to receive a small salary during the entire service. Prime Minister of Ukraine Volodymyr Groysman announced while visiting the Boryspil Service office of the Pension Fund Department of the service for the citizens in Kyiv region.
The office operates as a transparent service center. The Head of Government got familiarized with the work of the center, talked to the visitors and reminded that under the Government's decision on July 1 pension for people who had a long seniority - 30 or more years for women and 35 and more years for men, but low wages during the entire time of service in Ukraine - will improve. This category of citizens enumerates about 2.5 million people. Hence, now their pensions will amount to at least UAH 2 thousand.
The Prime Minister also noted that the Government's pension reform envisages that the increase in pensions will be automatic and will depend on the level of inflation and salary rates. Meanwhile, over the past three years, the average wage in Ukraine has grown twofold, the level of the minimum wage - almost threefold, while inflation has fallen to single digits.
In the course of the reform - starting autumn of 2017 - pensions have been raised for all categories of pensioners, including military pensioners. In the spring of this year, the first automatic recalculation of pensions took place, and seniors obtaining low pension payments who are about 1.8 million people, received a one-off payment - due to additional budget revenues as part of the campaign for customs clearance of cars with European registration.
"The most important objective for us is to help and support pensioners who had worked during their entire lives but had a small salary. This is another system step that allows us instead of paying one-off assistance to carry out system actions. The economy is working, it requires development, and everything it earns will be reinvested in people's welfare", said Volodymyr Groysman.