Ukraine convinces IMF: No need to raise retirement age to 63 – Reva

Photo from UNIAN

"We saw it as an unacceptable option in our country at the moment and proposed a different solution to this problem. The debates lasted for four months, and we managed to solve it without raising the general retirement age," the minister said amid the Pravo na Vladu [Right to Power] talk show, TSN said.

Read alsoReva: Raising retirement age political requirement of IMF, Cabinet not to support itIn his words, the general retirement age for men and women in Ukraine will be 60 years.

The retirement age for women is 58.5 years today, Reva said. However, under the pension reform introduced in 2011, the retirement age for women is to increase by six months annually until 2021. Then women will retire, like men, at age of 60.