The pension fund revealed which periods are not counted towards insurance experience.

According to ТСН: Every year, the number of years of insurance experience required for retirement at the age increases in Ukraine. The Pension Fund of Ukraine (PFU) clarified which years are not counted towards insurance experience.

Insurance experience is the period during which a person is subject to mandatory state pension insurance, and insurance contributions are paid monthly in amounts not less than the minimum.

Starting from January 1, 2004, only those months for which insurance contributions were paid are counted towards PFU's insurance experience. Information about these contributions is recorded in the State Register of Mandatory State Social Insurance, which contains all information about the employee. Thus, confirmation of experience is based on data from this register.

For individuals who worked before 2004, it is important to note that at that time the concept of 'insurance experience' did not exist, but labor experience was taken into account when retiring.

“The main document confirming the experience acquired before 2004 is the work book. If it is absent, a person must provide other documents certifying their work, for example, certificates from enterprises where they worked,” the message states.

Which periods are not included in insurance experience after 2004:

• work before 2004 without the corresponding entry in the work book or other confirming documents;
• activities under civil law contracts before 2016, when contributions were not paid;
• studying in colleges, technical schools, universities after 2004;
• studying in educational institutions after 2004 can be counted towards insurance experience if the person pays insurance contributions on the terms of voluntary participation in pension insurance;
• the time spent caring for a child under three years old is counted towards insurance experience after 2004, as well as periods when the person was registered with the employment center and received unemployment benefits.

Earlier, the possibility of buying additional experience for retirement was also discussed.

In light of changes in legislation, it is important for citizens to carefully monitor the conditions that determine their insurance experience. This will help avoid misunderstandings during retirement and ensure a more accurate calculation of pension payments. Timely career and contribution planning can significantly impact each citizen's future pension security.