Additional payments to pensions have been introduced for retirees over 65: what amounts can be received.
Currently, the pension system of Ukraine has established new standards of social protection for elderly people. According to information from the Pension Fund of Ukraine, the state guarantees pension payments to retirees who are 65 years old and have 30 years of work experience for women and 35 years for men, amounting to 40% of the minimum wage.
As of today, with a minimum wage of 8000 hryvnias, the minimum pension payment is 3370 hryvnias, which exceeds the legally established threshold of 3200 hryvnias.
The Ukrainian Pension Fund has implemented a system of automatic supplements for retirees who receive a pension below the legally established minimum. This system automatically calculates the difference between the actual pension and the guaranteed amount.
One of the features of the Ukrainian pension system is the progressive scale of age allowances. For example, retirees aged 70-74 receive an additional 300 hryvnias monthly, while citizens aged 75-79 receive 456 hryvnias. The maximum allowance of 570 hryvnias is provided for retirees over 80 years old.
The updated social security system eliminates the need for retirees to apply to government agencies, as all allowances are automatically credited as part of the digitization of social services.
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