In Ukraine, the size of the pension is determined by several key factors: the average salary in the country at the time of retirement, the personal salary coefficient, which shows the ratio of the pensioner's income to the average salary, and the insurance experience coefficient.
This was reported by URA-Inform with a link to Radiotrek.
The main factor in calculating a pension is the level of earnings: the higher the official salary, the larger the size of the future pension will be. Even with a long insurance record, for example 40 years, but a low salary, the size pensions will remain small.
How to earn a pension of 10,000 hryvnia
To receive a pension of 10,000 hryvnia in 2024, you must have an average monthly income about 27,094 hryvnia. According to the Pension Fund of Ukraine, only slightly more than 12% of pensioners in the country receive a pension higher than this amount.
Thus, a high level of official wages is a decisive factor in ensuring a decent pension in the future.
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