Danyliuk: Retirement Age May Be Raised In Frames Of Upcoming Pension Reform

Minister of Finance Oleksandr Danyliuk does not rule out a possible raising of the retirement age in the course of the pension reform coming ahead.

He said this at a press briefing, Ukrainian News Agency reports.

The minister assures that pensions will be paid when due.

Ukraine has committed before the International Monetary Fund (IMF) before the end of 2016 to adopt a law on a gradual change of the retirement age.

As Ukrainian News Agency earlier reported, the Cabinet of Ministers has proposed that the Verkhovna Rada assign UAH 156.2 billion for the Pension Fund in 2017.