CCU to check the legality of limiting the maximum pension amount

The Constitutional Court of Ukraine will check the legality of the maximum pension limit set by the Parliament at the request of the Supreme Court. This was reported by UNN with reference to the press service of the CCU. 

The limitation of the maximum pension amount in Ukraine was introduced by the Law of July 8, 2011, No. 668-VI "On Measures to Legislatively Ensure the Reform of the Pension System".  At that time, the maximum pension in Ukraine was limited to 10 subsistence minimums. At that time, it was 7640 hryvnias. 

The Kirovohrad District Administrative Court appealed to the Supreme Court, which concluded that the draft law contradicted Articles 46 and 64 of the Constitution.  Article 46 of the Constitution refers to the right of citizens to social protection in old age. And Article 64 prohibits the restriction of constitutional rights of citizens.

The Supreme Court, in its constitutional petition, asks to check the compliance of Article 21, part three of Article 22, part one of Article 24, Articles 46 and 64 of the Constitution of Ukraine with the contested legislative provisions, according to which the maximum amount of pension (including allowances, increases, additional pensions, targeted financial assistance, pensions for special services to Ukraine, indexation and other pension supplements established by law, except for supplements to allowances for certain categories of persons who have special services to the Motherland) may not exceed ten subsistence minimums established for persons who have lost their ability to work

Supplement

Starting in 2024, in Ukraine, to retire at the age of 60, you will need to have at least 31 years of insurance record. There are also options for retirement at 63 or 65 with fewer insurance years.

SEE ALSO: Government extends monthly supplements to old-age pensions