You can also retire at 60: The Pension Fund explained how much experience is needed to retire.
The Pension Fund reminded that to retire at the age of 60, one needs to have the appropriate amount of experience. The PFU press service reported that many Ukrainians are interested in whether it is possible to retire at the age of 60 after working an additional six months of experience.
The Pension Fund responded that retiring (at 60, 63, or 65 years) depends on the number of years of official employment and paid contributions - insurance experience.
According to the Law of Ukraine 'On Mandatory State Pension Insurance', the retirement age (60, 63, or 65 years) is determined by the acquired insurance experience. There is a duration of insurance experience after which one can receive a pension.
Thus, having insurance experience determines the right to pension appointment depending on reaching the required age.
In 2025, to retire at 60 years, one needs to have at least 32 years of official experience.
If a person does not have enough experience, they can continue to work and gain the right to a pension after reaching the necessary number of years of experience.
Therefore, if a man turns 60 years old, but he does not have enough experience, he can continue working. For example, after six months of work, he gains the necessary 32 years of experience, then he can immediately submit documents for pension registration and not wait until he is 63 years old.
The PFU also explained the situation regarding pension payments, subsidies, and sick leaves.
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