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  • Pensions will be indexed from 1 March – Government decision
    Communications Department of the Secretariat of the CMU, posted 23 February 2024 12:55

    At its meeting on 23 February, the Government decided to index pensions starting from 1 March this year. This was announced by Prime Minister Denys Shmyhal.

    “This is the third indexation during the full-scale war. Pensions will be increased by almost 8%. The average increase will amount to UAH 322, and the average pension will increase to UAH 5,717,” the Head of Government said.

    According to the Prime Minister, the amount of the increase is calculated based on inflation and the growth of the average salary in Ukraine.

    According to him, the indexation will affect more than 10 million Ukrainians. This includes 9.5 million civilian pensioners, almost 600,000 pensioners of law enforcement agencies, and almost 100,000 Chornobyl victims.

    In addition, starting from 1 April, pensions for 654,000 working pensioners will be automatically recalculated based on the updated insurance record. Also, in 2024, for the second time in a row, the lowest pensions will be indexed.

    “That is, despite all the challenges, despite all the difficulties, we continue to support our people. We are not just carrying out indexation, but also expanding its perimeter,” said Denys Shmyhal.

    Pensions will be indexed from 1 March – Government decision