pensionreform

Ukraine should not introduce second level of pension system – ILO
As other countries' experience shows, the financial sector was the only one to have benefited from the reform.20:30, 16 June 2020

Government plans to introduce funded pension system from 2021
The Cabinet also intends to adapt to the EU laws Ukrainian legislation on private pension funds to enhance protection of property rights and interests of pensioners.19:50, 15 June 2020
Ukraine's Cabinet to audit Pension Fund in 2020
Pension system reform will require several years to be completed, PM says.22:30, 26 February 2020

Analyst assesses idea of raising retirement age in Ukraine
The expert believes it is necessary to further develop social policies.13:20, 17 February 2020

IMF mission says pension reform yields expected results - Ministry of Social Policy
Minister Reva discussed with the IMF delegation the course of Ukraine's pension reform and approaches in the allocation of subsidies.21:50, 12 September 2018

Hundreds arrested as Russians protest pension reform - media
Concessions by President Putin, whose popularity has suffered as a result, have failed to stem the discontent.22:50, 09 September 2018

Kremlin opponents protest pension-reform plan as Russians cast ballots - RFE/RL
The original plan would have increased the retirement age for men from the current 60 to 65, and from 55 to 63 for women. Later Putin modified the proposal so women would retire at age 60.13:40, 09 September 2018

Social policy minister vows higher pensions for military, law enforcers
<p>Pension reform will see a 77% rise in the volume of pensions for military servicemen, taking into account the interests of war veterans, according to Ukraine’s Minister of Social Policy Andriy Reva, the government press service reports.</p>10:00, 22 January 2018

IMF criticizes Ukraine’s pension reform
<p>Ukraine’s pension reform does not provide for the forming of a fully fair and sustainable pension system in the country, spokesman for the International Monetary Fund, Gerry Rice, has told a Washington briefing, answering an UNIAN correspondent’s question.</p>19:10, 18 January 2018

Ukraine's government forecasts 20% rise in pensions in 2019
<p>Deputy Social Policy Minister Mykola Shambir says the ministry forecasts a 20% increase in pensions in 2019 as a result of the pension reform launched last year, according to the ministry's press service.</p>16:57, 05 January 2018

Ukraine to raise pensions for military
<p>On December 13, the government will send to the National Security and Defense Council a bill on increasing military pensions from January 1, 2018, according to Ukrainian Prime Minister Volodymyr Groysman.</p>13:20, 13 December 2017

World Bank does not support certain provisions of pension reform
<p>The World Bank does not support a number of amendments made to the draft law on pension reform before it was adopted by the Verkhovna Rada of Ukraine, but is in close cooperation with the Ministry of Social Policy of Ukraine to target the reform to support the poor, World Bank President Jim Yong Kim said at a joint briefing with Ukrainian Prime Minister Volodymyr Groysman in Kyiv.</p>16:40, 14 November 2017

Ukraine's deputy PM says social pensions may increase on Dec 1
<p>Ukraine's Deputy Prime Minister Pavlo Rozenko says the next increase in social pensions, including payments to disabled people, is expected on December 1, 2017.</p>12:55, 04 November 2017

IMF review of Ukraine pension reform is ongoing: IMF official
<p>The International Monetary Fund is still evaluating recent Ukrainian pension legislation to see if the bill meets the targets of the $17.5 billion IMF program, the Fund’s Ukraine representative Goesta Ljungman said on Friday, according to Reuters.</p>16:00, 03 November 2017

NBU estimates ways pension increase could accelerate inflation
<p>The upgrade of pensions, which is being carried out in Ukraine since October, may further accelerate inflation by 0.3-0.6 percentage points in 2018, according to the inflation report of the National Bank of Ukraine for October.</p>14:40, 03 November 2017

Pension Fund in Ukraine boasts over-fulfillment of budget targets
<p>The filling of the Pension Fund's budget in January-October 2017 by 13.9%, or by UAH 15.5 billion, exceeded the target and amounted to UAH 126.9 billion, the press service of the Pension Fund of Ukraine (PFU) reported.</p>13:20, 03 November 2017

Pension Fund needs extra UAH 5 bln to increase pensions in Oct
<p>The Pension Fund of Ukraine (PFU) will need an additional UAH 5 billion, or US$188.5 million, for the Ukrainian pension upgrade in October this year, according to the fund's press office referring to PFU Chairman of Board Oleksiy Zarudnyi.</p>13:40, 12 October 2017

Rada unblocks signing of pension reform
<p>The Verkhovna Rada of Ukraine has rejected a draft resolution on the abolition of parliament's decision to adopt Bill "On Amendments to Certain Legislative Acts of Ukraine Regarding Increasing Pensions" as a whole, according to an UNIAN correspondent.</p>14:40, 06 October 2017

Pension Fund deficit not to disappear in next 5 years – Finance Minister
<p>Even if the pension reform is implemented successfully, the Cabinet of Ministers of Ukraine will not be able to create a deficit-free pension system over the next five years, Minister of Finance of Ukraine Oleksandr Danyliuk said in an interview with ZN.UA.</p>10:20, 02 October 2017

Pension reform "key issue" for Ukraine’s next IMF tranche - statement
<p>The adoption by Ukraine of pension reform, which is in line with the objectives of the country’s cooperation program with the International Monetary Fund, including the pension fund deficit cut, is critical for the successful completion of the fourth review of the Extended Fund Facility and the allocation of the fifth loan tranche for Ukraine, IMF spokesman William Murray told a traditional Thursday briefing in Washington.</p>18:30, 28 September 2017