• 19/04/2024 02:34

The Cabinet of Ministers has decided on the percentage of pension indexation: how the amount of payments will increase from March

ByJohn Newman

Feb 21, 2024

Previously, the Verkhovna Rada Tax Committee assured that with the arrival of the first month of spring, the government will traditionally index pension benefits, and the likely rate of such an increase will be less than 13 percent, taking into account inflation rates, but in reality everything turned out to be not so.

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The Cabinet of Ministers has decided on the percentage of pension indexation: how the amount of payments will increase from March

Photo – donbasssos.org

About the fact that the process of indexation of pension benefits in the current year is planned to be carried out on the basis of a coefficient of 1,079, that is, only 7.9 percent, and the maximum possible step of increase will be 1,577 hryvnia , writes NBN, referring to the draft government resolution published by the Federation of Trade Unions of Ukraine (FTU).

As it became known from the text of the Cabinet of Ministers resolution, this 7.9 percent indexation will affect only pension benefits , assigned before 2021, at the same time, the minimum limit in increasing “age” payments issued in the period from 2021 to 2023 will reach 100 hryvnia.

It should be noted that the above-described increase, planned for March 1, will affect pensioners who previously paid insurance premiums on time, ex-military, Chernobyl survivors with disabilities, and persons receiving social assistance as a result of negative health consequences from an accident at production/occupational illness.

Earlier, we wrote about how the size of pension benefits will change after the April increase in the “minimum wage”.

nbnews.com.ua

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