OREANDA-NEWS  On 03 March was announced, that the pensions in March will be paid in time and in full amount. The Head of Board of the Pension Fund Olexii Zarudnyi said on Monday, at a briefing at the Cabinet of Ministers.

“In March, as in previous months, all the pensioners will receive proper payments. The procedure will start in March under the law and determined schedules,” Olexii Zarudnyi informed.

According to him, today, on March 2 the Pension Fund has commenced payments for March from 850 mln hryvnyas, having been directed. 

The Head of Board also imparted in February all the pensions had been covered: “In February pensions didn’t fail to be paid in time and in full amount”.

According to Olexii Zarudnyi, in February revenues of the Pension Fund were by UAH 800 mn (12.9%) up from the estimated amounts while on January-February results the amount of incomes to the Pension Fund has increased the planned showing by 16.8%.

Olexii Zarudnyi also explained the budget of Pension Fund is well-balanced and doesn’t pose a threat to create deficit of pension resources: “Today all the estimated revenues, the due ones and the ones from the state budget, have been fulfilled in full. The Budget of the Pension Fund is well-balanced,” the Head of Board of the Pension Fund stressed.

Besides, Olexii Zarudnyi assured that debt of enterprises to the Pension Fund is not a critical one by now and isn’t influencing the process of pension payments: “Issues of debts are not so critical nowadays, so they can by no means influence guarantees of provision of pensions”.