The Pension Fund Does Not Account for Favorable Periods: How to Get an Extra +2000 Hryvnias.

Ukrainian pensioners can receive a higher pension

According to inkorr.com: Many Ukrainian pensioners may not receive the full amount of their pensions, as the Pension Fund does not always take into account the most favorable salary period when calculating. However, by taking initiative, this issue can be resolved, potentially increasing monthly income by 2000 Hryvnias or more.

Journalist Iryna Polyakova notes that the level of trust in the Pension Fund of Ukraine (PFU) remains low, and many pensioners feel social injustice during the accrual and indexing of pensions.

"It is unlikely that the level of trust among pensioners in the Pension Fund can be called infinitely high. Perhaps that is why many feel social injustice," the video author states.

How to Solve Pension Issues

The main problem lies in the fact that the PFU calculates pensions, taking into account only salary data from July 1, 2000. However, the law allows for considering income for any 60 months prior to that date. This could be more beneficial if earnings during that period were higher than the average salary in the country.

Lack of awareness among fund employees about this opportunity may lead to pensioners losing part of their earned money.

Real Examples of Pension Calculation

The video presents two examples where the difference in pension amounts can exceed 2000 Hryvnias per month due to incorrect choice of the calculation period.

Example #1: Pensioner Oleksiy was able to increase his pension by over 2000 Hryvnias thanks to the inclusion of his high salary during a specific period in the calculation.

Example #2: Another pensioner, Viktor, could also see a pension increase of approximately 2000 Hryvnias.

What to Do to Correct the Pension Calculation

1. Obtain a copy of the calculation. Contact your local PFU office and request a copy of the protocol (order) with your pension calculation.
2. Analyze the data. Together with a specialist or independently, analyze your work history and choose the 5-year period before July 1, 2000, when your salary was the highest.
3. Gather references. Obtain salary references for the selected period from the enterprise where you worked, or from an archival institution if the enterprise has been liquidated.
4. Submit an application for recalculation. With the documents, approach the Pension Fund with a request to recalculate your pension based on the new data.

"No money flows to a lying stone in our state. So be careful, take care of your money, and take care of yourself and your loved ones," concludes Iryna Polyakova.

Thus, paying attention to documents and personal initiative can significantly affect the obtaining of a fair pension earned over years of work. By knowing their rights and opportunities, pensioners can ensure a better quality of life in retirement.