The Ukrainian Pension Fund will automatically invoice the pension funds for the payment of one-time cash assistance in the amount of 1,000 hryvnias allocated by the Cabinet of Ministers of Ukraine.
This is stated in the video explanation posted on the PFC page on Facebook.
“Under quarantine conditions, the State has allocated the funds necessary for the payment of a single cash aid to retirees in the amount of 1000 UAH. An additional payment will be received by approximately 10 million people whose pensions do not exceed 5,000 hryvnia. The Ukrainian Pension Fund will automatically accumulate cash without retirees’ appeal, “said the video.
It also notes that payment will begin after the allocation of funds from the state budget.
“The money will be credited to personal bank cards without delay. Ukrposhta will ensure delivery of funds to pensioners at home within 5 days. Those who, for various reasons, do not receive cash aid within the first 5 days, it will be paid with their pension, ”informs the PFU.
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As Ukrinform reported, at a meeting on April 1, the Cabinet of Ministers adopted a resolution on increasing pension payments and providing social support to certain categories of the population in 2020.
Thus, in April 2020, the Pension Fund of Ukraine was responsible for ensuring the payment of a single cash assistance in the amount of 1,000 UAH to retirees whose pension does not exceed 5,000 UAH.
On March 29, 2020, the Cabinet of Ministers of Ukraine presented to the Verkhovna Rada of Ukraine Bill 3279 “Amending the Ukrainian Law” on the budget of Ukraine for 2020 “.
The Verkhovna Rada sent changes to the state budget for 2020 on March 30 for a second first reading.
Under the proposed changes, the Cabinet of Ministers of Ukraine proposes to increase the expenditure of the Pension Fund of Ukraine by 19.6 billion UAH.
According to the materials: ukrinform.ru