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Some pensioners will lose up to 20% of payments: the Pension Fund of Ukraine named the reasons

 Some pensioners will lose up to 20% of payments: the Pension Fund named the reasons

Failure to report or untimely notification of employment may lead to illegal payments of pension funds.

Pensioner is obliged to notify the Pension Fund of his employment or dismissal from work within 10 days.

The PFU reports this.

“Failure to notify or untimely notification of employment (or registration of business activities) leads to illegal payments of pension funds that are subject to mandatory return to the PFU authorities,” the department said in a statement.

< p>According to the press service, after submitting a notice of dismissal from work, pensioners acquire the right to additional payments and increases provided exclusively for non-working citizens. For example, a pension may be transferred to such pensioners due to an increase in the cost of living.

If the Pension Fund finds out that the pensioner continues to work, but did not notify about it, he will have to return part of the illegally accrued pension. The pensioner can do this voluntarily, but if he refuses, the overpayment will be forcibly withheld from each subsequent pension payment.

According to the law, it is necessary to withhold no more than 20% of each pension payment.
The application can also be submitted online – through the PFU website or through “Dіyu” using a qualified electronic signature.

We would like to remind you that in Ukraine some pensioners will remain without payments in July due to the fact that they missed passing the mandatory identification.

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