In 2025, buying an additional year of pension service will cost 21 thousand hryvnias: how to do it.

In 2025, to retire at the age of 60, one must have 32 years of insurance experience. If this period is lacking, a pension can be obtained at 63 years if there are at least 22 years of insurance experience, or at 65 years if there are at least 15 years of experience.

According to the pension reform, which will be in effect until 2028, the requirements for the length of insurance service will increase by one year each year.

How to buy insurance service

If a person is temporarily unemployed, they can independently pay contributions to avoid interrupting their insurance service.

The head of the Main Department of the Pension Fund of Ukraine in the Volyn region, Lesya Neklesa, explained that to count one full month of insurance experience, the payment amount must be at least equal to the minimum insurance contribution. In 2025, this will be 22% of the minimum salary — approximately 1,760 hryvnias per month.

Thus, one day of insurance experience will cost about 58.66 hryvnias, and a year will cost approximately 21,120 hryvnias. At the same time, higher payments than the minimum can be made, which will help to receive a higher pension in the future.

Payment of voluntary contributions can be made through the web portal of electronic services of the Pension Fund of Ukraine. To do this, you must meet two conditions:

• not be a pensioner;
• be at least 16 years old.

How to buy insurance service for past years

There is also an option to buy insurance experience 'retroactively' — for past years, starting from 2004, when a person was not officially employed. In this case, contributions will have to be paid at double rates.

The minimum monthly contribution in this case is 3,520 hryvnias, meaning one month of insurance experience will cost twice as much, and a year will be approximately 42,240 hryvnias.

To take advantage of this opportunity, one must conclude an agreement for voluntary payment of a single contribution with the tax service at the place of residence.

Earlier, we reported that in Ukraine people with disabilities can retire earlier provided they have the necessary insurance experience.

We also mentioned that the size of the pension is an important indicator worldwide. In some countries, pensions allow for a comfortable life, while in others, elderly individuals are forced to continue working due to low payments.

In 2025, new requirements for insurance experience for retirement will be established in Ukraine. Now one must have 32 years of insurance service to retire at the age of 60. If the required experience is lacking, a pension can be obtained at 63 or 65 years. The pension reform anticipates an annual increase in the length of insurance service by one year, which will require clarifying personal financial plans for retirement preparation.