OREANDA-NEWS  On 03 March was announced, that Ukrainian Government doesn’t support an idea to increase pension age in Ukraine. The Head of Board of the Pension Fund Olexii Zarudnyi announced during a briefing at the Cabinet of Ministers.

“The stand of the Government in this issue is absolutely categorical: we are not going to raise pension age,” Olexii Zarudnyi urged.

He explained this issue as being untimely.

Besides, Olexii Zarudnyi called on politicians not to stir up the situation around pension payments. As the Head of Board put it, statements concerning problems with pension payments are groundless and populist: “The best would be not to raise rumors around the issues of Pension Fund and pension payments, as it creates instability among our pensioners. I assure you the Government will fulfill its liabilities in pension payments in full”.

Reference. Article 12 of the Law of Ukraine “On pension provision” envisages that the right for old age pension shall have men – on reaching 60 and with seniority not less than 25 years, women – on reaching 55 and with seniority not less than 20.