Ukrainians explained the reasons for blocking pension payments on bank cards.

Pensioners who receive payments on bank cards may face account blocking if they do not carry out financial transactions for a long time. This is reported by the publication 'On Pension'. Monitoring authorities are tracking the activity on pension accounts.

Deputy Minister of Social Policy of Ukraine Daria Marchak explained that if no financial transactions are made within 6 months - cash withdrawals, purchases in stores or online, transfers - the account will be blocked, and pension payments will be suspended.

'If there are no transactions on the account for six months, the card will be blocked, and the pension will be frozen,' she emphasized.

In order to restore pension payments, one must personally contact the Pension Fund of Ukraine and confirm their identity. To receive the accumulated funds during the blocking period, it is important to contact the PFU no later than three years from the moment of suspension of payments.

This rule does not apply to pensioners who received pensions in territories temporarily occupied since February 24, 2022.

We also remind you about the indexing starting from March 1 and recalculation from April 1: what pensioners need to know.