Pensions in 2024 will be indexed, according to preliminary calculations, by 13%. First Deputy Minister of Social Policy Daria Marchak announced this during a single telethon, Interfax-Ukraine reports.
► Subscribe to the Ministry of Finance page on Facebook: main financial news
“For 2024, we also provide for indexation. The exact size will be calculated based on the macroeconomic indicators that we will see in mid-February. But, preliminary, we expect an increase of about 13%,” she noted.
Read: In Ukraine, pension indexation will take place according to a new principle (updated)
According to her, in this way, pensioners will be protected from the negative impact of inflation.
Earlier, the Ministry of Finance wrote that the reform of the joint pension system should bring the pension amount to 30% of average earnings.
“Reform of the pension system. Traditionally, on March 1, the indexation of pensions will take place, as it happened in all previous years… But this year we will do it more fairly – we will reform the solidarity pension. We want the solidarity pension for Ukrainians to be understandable, transparent and amount to 30% of the average earnings,” Shmygal said.
Read: The PFU told how many Ukrainians receive pensions of more than 10 thousand hryvnia
He explained that the introduction of a points system should eliminate the disproportion in the amount of pension payments received at retirement in different years.
- Pension in Ukraine