The main factor behind the increase in pensions is official work and timely payment of the unified social tax, UNN writes, citing the Ministry of Social Policy of Ukraine.
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According to the Pension Fund of Ukraine's report for the first nine months of 2024, more than 57,000 jobs were brought out of the shadows. This means that they started paying taxes. Thus, the Pension Fund received UAH 97 million of the single contribution. These contributions not only guarantee the pension rights of the employees who pay them, but also affect the payments to current pensioners.
Importantly, the amount of the pension directly depends on the amount of the unified social tax paid monthly from the citizen's salary to the Pension Fund budget. The larger the contribution, and the longer it is paid , the higher the pension will be upon reaching retirement age.
Recall
During the two years of war, the poverty rate in Ukraine increased from 20.6% to 35.5%. Zakarpattia and Chernivtsi regions suffered the least, while deep poverty increased 7 times.