Experience, allowances and deductions: what awaits Ukrainian retirees in 2025.

Ukraine is changing its pension system starting January 1, 2025, which will affect millions of citizens. This was reported by pension provision expert Serhiy Korobkin.

According to the new rules, obtaining a pension at the age of 60 will require 32 years of insurance experience, which is one year more than before, for both men and women.

There will also be changes in the mechanism for paying high pensions. Under the new norms, the part of the pension that exceeds 23,610 hryvnias will be reduced during martial law.

Particular attention is paid to internally displaced persons. The expert reported that pensioners who are displaced can lose money on their cards in two cases: if they have not used the Oschadbank card for a year or have not completed the identification procedure in time.

The state is also providing additional support to certain categories of retirees. Non-working retirees from the Chernobyl exclusion zone will receive an additional allowance of 2,361 hryvnias during martial law.

The biggest changes are expected on July 1, 2025, when a major pension reform will begin. According to Korobkin, the new system provides for the division of the pension into two components: a basic part, the same for all retirees, and an insurance part, the amount of which will depend on pension points.