The Deputy told about the new pension accumulation formula for Ukrainians.


According to Serhiy Hryvko, a member of the Verkhovna Rada Committee on Social Policy and Protection of Veterans' Rights, Ukraine's pension system is under threat of changes. Replacing the solidarity pension system will be very difficult, but there is already a bill to introduce an accumulation system. Discussions are underway on the optimal ways of its implementation.
One of the proposals involves allocating 2% from SSC and 2% from PIT to citizens' pension accumulation accounts. At the same Time, 20% from SSC will be directed to the solidarity system, and 2% - to the accumulation one. Citizens will also be able to make additional contributions at their discretion.
Reforming the pension system is an urgent task since the solidarity system can no longer effectively provide pension payments. The introduction of an accumulation component may help improve the pension provision for Ukrainians.
Earlier, the PFU warned that some pensioners might lose payments in November.
Read also
- Ukrainian scientists have identified key risk factors for the development of cardiovascular diseases
- Court in the US condemns the Mexican government for illegal denial of access to information about missing citizens
- Ukraine has submitted an application for EU membership
- The Ukrainian government is implementing an education reform that includes changes to curricula and teaching methodologies
- The state continues to fight the coronavirus epidemic: Ukrainians are urged to adhere to quarantine restrictions and get vaccinated
- The presence of the Ukrainian language in schools is triggering protests