in-the-absence-of-international-assistance-pension-indexation-may-not-take-place-in-2024-zholnovych

In the absence of international assistance, pension indexation may not take place in 2024 - Zholnovych

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In case of In the absence of international financial assistance, pension indexation next year may not take place next year. This was stated by the Minister of Social Policy of Ukraine Oksana Zholnovych during a telethon, UNN reports.

I would like to reassure all pensioners who receive an old-age pension, because the lion's share of pension expenditures that go to the Pension Fund, or rather pension revenues that are distributed by the Pension Fund, are our internal revenues, which are provided by our Ukrainian taxpayers, in particular our army, our military, as they all pay the Unified Social Contribution (USC). In this case, our Pension Fund is stably based on Ukrainian funds, and we pay pensions to pensioners based on Ukrainian income, Ukrainian earnings

- Zholnovych said.

She is convinced that there should be no problems with pension payments.

It may not be possible to talk about indexation there, if there are indeed such risks, but the basic pension will be paid and we will find the funds for this. There are also additional social benefits, such as assistance to the poor and internally displaced. All of these benefits are indeed funded by our international partners, but at the end of the year, the Ministry of Social Policy signed an agreement with the World Bank for almost $2 billion, and these funds will cover our basic social expenditures for the first few months

- Zholnovych said.

AddendumAddendum

Vice Prime Minister of Ukraine - Minister of Economy of Ukraine Yulia  Svyrydenko said that Ukraine may have to postpone payments to civil servants and pension payments to millions of its citizens if the EU and the US do not provide the promised financial assistance early next year.

Anna Murashko

Economy

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