Pension Indexation — What Changes Ukrainians Were Warned About.
The government of Ukraine plans to implement a unified format for the indexation of pension payments, discontinuing the link of special pensions to the growth of salaries, reported Minister of Social Policy Oksana Zholnovich.
Details of the Reform
From now on, people with pensions under special laws will not be able to take into account the salary growth in their payments. The minister explained that while people will be able to index their pensions according to the level of inflation, the link to salaries will be abolished.
'I believe that this is completely meaningless. When a person who has been a pensioner for 10-15 years has the right to apply for a complete recalculation of their pension based on the salary of someone currently working in a similar position,'
Zholnovich emphasized the need to create a unified format for the indexation of pensions in Ukraine to standardize this process. It is also worth noting that some categories of citizens, such as prosecutors, public servants, and security forces, receive significantly higher pension payments than ordinary pensioners.
The concept of this reform is to distribute pension payments more fairly among all categories of pensioners, avoiding situations where some receive a designated pension at a high rate supported by special laws.Read also
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