Pension not for everyone: Ukrainians will face difficulties in retiring.

The conditions for receiving a pension in Ukraine will change starting from 2025. According to the Main Department of the Pension Fund of Ukraine in the Vinnytsia region, new pension provision rules will come into effect on January 1, 2025.

According to the new rules, citizens will be able to receive a pension at the age of 60 if they have at least 32 years of insurance experience. This rule applies to both men and women. Those who have accumulated experience from 22 to 31 years will be able to retire at the age of 63.

Individuals with less than 15 years of experience will be eligible for a pension only after reaching the age of 65.

If the experience is less than 15 years, a person aged 65 will be able to receive state social assistance instead of a pension. The amount of assistance will be 30% of the subsistence minimum for non-working individuals, but not less than the full subsistence minimum (in 2024 – 2361 hryvnias). Thus, even with minimal experience, the state guarantees basic social support for pensioners.

It is worth noting that until 2028, the requirements for insurance experience will increase. Starting from January 1, 2028, people with 40 or more years of insurance experience will be able to receive a pension regardless of age.

The average pension in Ukraine was 5,851.9 hryvnias as of October 1, 2024.

On the other hand, the Pension Fund named the main factor for increasing pension payments in 2024.