Currently, the current pension system of our country consists of a number of components: mandatory, voluntary and joint contributions to the Pension Fund, but soon everything will change.
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Photo – informator.ua
As reported by NBN, citing a statement by the head of the Ministry of Social Policy Oksana Zholnovych, published by Ukrinform, the Ukrainian government will soon introduce a “professional” type of funded pension system.
In particular, the updated mechanism will take into account two factors: the number of years worked by the citizen and the total amount of contributions paid monthly. These two figures will be “converted” into a certain number of points: each point is equal to 30 percent of the average salary in a particular year, and if a potential pensioner has worked for at least 15 years and joined the innovative pension system, then he will be entitled to a third of the “minimum”.
Zholnovich emphasized:
At the same time, the solidarity contribution to the pension system is 18 percent, and we return 40 percent. This is a 2-fold increase – no other bank provides such an increase.
The head of the Ministry of Social Policy added that the introduction of professional savings is planned for 2026, which will allow a person to save at least 20 percent of their earnings throughout their life, and this, together with the operation of the solidarity system, guarantees a pension payment of 60 percent of the salary.
Earlier, we wrote that the Pension Fund of Ukraine told what pensions people with disabilities can count on in 2024 .
