• 19/04/2024 01:48

Zholnovich told how long the Ukrainian budget will have enough funds to pay indexed pensions

ByJohn Newman

Feb 28, 2024

Despite the fact that the provision of financial assistance from partner states is crucial for stability in the economic sector of Ukraine against the backdrop of war, the government still relies on its own strength to provide social support to the population.

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Zholnovich told how long the Ukrainian budget will have enough funds to pay indexed pensions

Photo – unian.net

About the period within which the state is able to ensure the allocation of finances for pension benefits in full, NBN writes, referring to the statement of the head of the Ministry of Social Policy of Ukraine Oksana Zholnovych, sounded on the air of the “United News” telethon on YouTube channel “TSN”.

According to Zholnovich, the country’s budget provides for a certain reserve of funds for the March indexation of pensions, despite the fact that Ukraine was never provided with the promised financial support (in particular, the USA) – after the traditional spring increase in payments, state budget expenditures will increase by an average of 3 billion hryvnias monthly.

The head of the Ministry of Social Policy explained that all of the above became possible due to the fact that the key source of income for calculating increased pension benefits are citizens working “in  white”, as well as responsible taxpayers and military personnel who regularly pay a single social contribution to the PFU.

Zholnovich emphasized:

These are basic revenues, and we are confident that we will definitely have enough of them for the coming months.

Earlier, we wrote about how from 2024 in Ukraine The requirements for the length of service required for timely retirement have changed.

nbnews.com.ua

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