• 24/04/2024 08:05

The PFU reminded why 20% of payments can be “withdrawn” from employed pensioners

ByJohn Newman

Apr 1, 2024

Elderly citizens of our country may be deprived of part of their already modest payments due to the negligence of the person himself.

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Photo – informator.ua

About the fact that one of the reasons for cutting the size of the pension benefit is continued labor activity without notifying this department, writes “NBN”, referring to the official Telegram channel of the Pension Fund of Ukraine (PFU) in the Donetsk region.

As it became known, a pensioner is obliged to promptly inform the PFU authorities regarding his employment or starting a business. In accordance with the norms of the Law of Ukraine “On Compulsory State Pension Insurance”, after officially finding a job/registration as a sole proprietor, the pensioner must, within 1 decade (10 days), report a change in his status in the country. PFU, both by personally visiting the structural department and by entering updated information about yourself into your personal account on the web portal of e-services, using a qualified electronic signature (CES).

In a situation when The pensioner will not inform the PFU, and during subsequent reconciliation of data in state registers, such information will still “pop up”, and the excess accrued benefit amounts will have to be returned, either voluntarily, or after forced deduction of 20 percent of payments.

Earlier, we wrote about what pension payments the government guarantees to citizens who have worked their entire lives unofficially.


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