In Ukraine, a radical change in the pension system has been announced: what will happen to payments.

The Ministry of Social Policy of Ukraine has proposed a new pension system that will come into effect on January 1, 2026. The main feature of this system is an individual approach to calculating pension payments rather than a general distribution of funds. Each worker will have their personal account, to which employers and the state will contribute money monthly. The collected funds will be invested to protect against inflation and increase. Citizens will be able to pass on their accumulated money as inheritance. Pensioners will have the opportunity to receive a lifelong pension or a pension for a specified period. Access to accumulated contributions will only be available after reaching retirement age and having 35 years of work experience. If the pension is paid for life, the right to inheritance will be maintained for 10 years, and if the pension is paid for a specified term, it will be maintained for the entire payment period.