Groysman presented a new scheme of calculating pensions

Volodymyr Groysman


Photo: Facebook

The head of the Ukrainian government Volodymyr Groisman published a video explaining how to pay pensions after the pension reform.

Prime Minister Volodymyr Groysman explained the mechanism of calculation of pensions under the new standards, which will come into force on 1 October this year. The head of the Cabinet of Ministers, wrote on her personal page in the social network Facebооk.

“The government has proposed to raise pensions, which in General will relate to the 9 million pensioners, took place on 1 October. We also proposed to continue each year going automatic indexation of pensions with the growth in average wages and inflation. The national Council of reforms this Friday endorsed our proposal, and the next week a government bill will be submitted to Verkhovna Rada”, – wrote the Prime Minister.

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The amount of the pension, according to the video on the calculation formula consists of three indicators: the average wage over three years; individual wage coefficient and the coefficient of insurance.

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