Pensions will be indexed in Ukraine on May 1 – PFU

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Pensions will be indexed in Ukraine on May 1 - PFU

According to the Cabinet of Ministers, the indexation of pensions in Ukraine will take place on May 1, 2020.

This is reported by the Pension Fund of Ukraine on Facebook.

As noted, the issue of pension indexation in 2020 is resolved by Resolution of the Cabinet of Ministers of Ukraine No. 251 “Certain issues of the increase in pension payments and the provision of social support to certain categories of the population in 2020 ”of April 1, 2020.

“The resolution fixes the date of indexation of pensions in 2020: it is May 1. The pension recalculation will be carried out using the coefficient of increase of the average salary (income) in Ukraine, with which the insurance premiums have been paid and which is taken into account for the calculation of the pension, in the amount of 1.11, ”said the press release.

See also: 80+ retirees started paying an additional 500 hryvnia

As noted, in case the amount of the increase resulting from the recalculation of the pension is less than 100 hryvnia, an additional payment will be made for the pension of the amount missing from the specified amount.

PFU also informs that the payment of the recalculated pensions will be made from May 2020 in the prescribed manner.

According to the materials: ukrinform.ru

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