Pension based on age or disability: which option is more beneficial for Ukrainians.

According to inkorr.com: Citizens of Ukraine who are entitled to pensions can choose between a pension based on age and a disability pension. According to current legislation, both types of payments cannot be received simultaneously, so it is necessary to determine which option is more advantageous.

According to the Government portal, the pension based on age is generally more financially advantageous than the disability pension. This is especially true for individuals with a third group disability, who receive less than pensions based on age. At the same time, for individuals with a first group disability, both types of pensions are approximately equal in size.

As explained by the Pension Fund, to receive an age-based pension at 60, a person must have at least 32 years of insurance experience. The calculation is made using the formula: the average salary for three years multiplied by the insurance experience, individual coefficient, and 1%.

With an average salary of 15,057.09 hryvnias and a full work experience of 35 years, the pension amount will be 5,269.09 hryvnias. If the insurance experience is insufficient, the minimum pension in 2025 will be 2,361 hryvnias.

Amount of disability pension

The disability pension in Ukraine is calculated as a percentage of the age-based pension: for the first group - 100%, for the second - 90%, and for the third - 50%.

When calculating the age-based pension, the period from the moment of establishing disability until reaching the age of 60 is also taken into account. Disabled individuals who have not worked may receive social assistance in the amount of 2,361 hryvnias.

According to the legislation, the disability pension is granted to persons with an insurance experience of 1 to 15 years, depending on age and the time of onset of disability.

Therefore, the choice between an age-based pension and a disability pension is an important step for Ukrainians in need of pension provision. Each option has its own conditions and calculation rules, so it is worth carefully examining all the nuances in order to make an informed decision. Understanding these aspects will help ensure financial stability in old age or in case of disability.