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Increase of pensions in Ukraine: Rozenko announced date

Money

07:58
Today
Telegraph

UKRINFORM

Vice Prime Minister of Ukraine Pavlo Rozenko has called the date of increase of pensions in Ukraine.

In 2017, the pensions of Ukrainians will grow twice: from 1 may and 1 December.

This was in Ivano-Frankivsk at the briefing said Deputy Prime Minister Pavlo Rozenko.

“Following the increase in pension payments will occur on 1 may and 1 December 2017. On average, pension payments will grow by 11%,” – said Rozenko.

Deputy Prime Minister said that pensions will be paid in full, despite the Pension Fund deficit, which, according to Rozenko, predictable.

He noted that the government last year halved the unified social payment for business to 22%, counting on the legalization of entrepreneurial activity.

“As for closing the hole in the Pension Fund. Last year it was $ 156 billion. About the same we were allocated from the state budget. This year, these revenues will amount to 142 billion UAH”, – said Deputy Prime Minister.

“Due to the legalization of business by raising the minimum wage to 3200 hryvnia, by raising wages in budget and off-budget spheres, we will reduce this year the budget deficit of the Pension Fund by approximately 12 billion hryvnia,” – said Rozenko.

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