OREANDA-NEWS. The Pension Fund has timely transferred funds for payment of pensions for November which the citizens are to receive on December 2. Minister of Labour and Social Policy of Ukraine Liudmyla Denysova announced during a briefing at the Cabinet of Ministers of Ukraine.

“According to the schedule of pensions the fund has transferred all the funds for pension remuneration irrespective whether they are pensions for militarymen or age pensions. On Friday we have sent UAH 300 mn, today we plan to direct money to secure payment of pensions on December 2,” Liudmyla Denysova explained.

At this she expressed her belief the budget in December would be fulfilled and in January the Pension Fund would also timely ensure remuneration of pensions and added, in case there are some delays they would possibly be provoked by any internal problems of delivery services.

Liudmyla Denysova reminded in case there is the deficit of funds of the Pension fund, pursuant to Article 113 of the Law “On compulsory state pension insurance” all the payments in terms of supplement to the minimal pension and for extra seniority are being financed from the state budget.