Pension Fund's revenues grow 32% in Ukraine

Revenues of the Pension Fund of Ukraine in the first quarter of 2018 grew by 32.2% year-over-year, amounting to UAH 44.261 billion.

"The income of the Pension Fund of Ukraine totaled UAH 44.261 billion over the three months of 2018. Compared to the relevant period in 2017, revenues grew by UAH 10.785 billion, or by 32.2%," the fund's press service reported.

The Fund noted that pensions had been recalculated for the military based on the relevant certificates issued by the competent ministries and departments.

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According to the Pension Fund, some UAH 2.7 billion was additionally allocated for the payment of pensions to servicemen in January-April.