Pension by age or disability: what is more beneficial after 60 years.
The Pension Fund of Ukraine provided explanations regarding the possibility of switching to an old-age pension for pensioners with a Group II disability who have reached 60 years of age. According to Ukrainian legislation, such pensioners can choose the most advantageous type of pension. A Group II disability pension amounts to 90% of the old-age pension, with additional consideration of the service period granted to them before reaching 60 years. This can be beneficial for those who acquired a disability at a young age.
"Wave"
However, there is an important argument in favor of transitioning. If a pensioner continued to work after being granted a disability pension and accumulated at least 24 months of insurance service, new rules for pension assignment apply when switching to an old-age pension. In such a case, the average salary is considered for the last three years, which can significantly increase the pension amount.
To change the type of pension, it is necessary to submit an application and the required documentation. Therefore, it is important to carefully consider all factors and contact the pension authorities for detailed consultations and calculations.
Read also
- Dobry start: how Ukrainians in Poland can receive assistance of up to 3 thousand hryvnias
- Naftogaz explained how to obtain the most important certificate in a new way
- Prices for eggs and bread will soar even higher: how much Ukrainians will have to pay
- Counterfeit products: Ukrainians were explained how to distinguish real butter
- The Pension Fund of Ukraine explained what documents to confirm the entrepreneur's experience when retiring
- Over 36 billion: details of large payments to Ukrainians revealed by the Pension Fund