• News
  • Economy
  • Pensions Indexation Will Be In March - Zholnovych
304

Pensions Indexation Will Be In March - Zholnovych

Indexation of pension payments in Ukraine is planned for March.

This was announced by the Minister of Social Policy, Oksana Zholnovych, on the broadcast of the Yedyni Novyny telethon, Ukrainian News Agency reports.

"Then the level of inflation will be calculated. So, closer to February, we will understand by what percentage of inflation we will index pensions in March," she said.

The minister added that the government will find funds for pension indexation.

ADVERTISING

As Ukrainian News Agency earlier reported, in September 2022, Oksana Zholnovych reported that the draft state budget for 2023, submitted by the Cabinet of Ministers for approval by the Verkhovna Rada, does not yet provide funds for indexation of pensions in March.

The Verkhovna Rada determined the date of the annual indexation of pensions - March 1 from 2022.

The Law of Ukraine on the state budget does not provide for an increase in the minimum pension in 2023. It will amount to UAH 2,093. Thus, there will be no recalculation of overtime pay (for non-working pensioners), allowances and promotions, minimum pension payments, maximum pension, which depend on the subsistence minimum.

In peacetime, the minimum pension in Ukraine grew by the projected level of inflation or more.

ADVERTISING

From October 1, 2022, as a result of planned calculations, the pensions of 2.8 million pensioners increased. Meanwhile, under certain circumstances, some Ukrainians have the right to retire 10 years earlier.

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

Больше новостей о:
Oksana Zholnovych

To request a correction, please send an email.