The IMF is preparing proposals for reforming the pension system in Ukraine

The IMF and World Bank experts are preparing proposals for changes in the pension system of Ukraine, which, according to experts of the International Monetary Fund, will contribute to the support of vulnerable segments of the population. This is stated in the IMF memorandum.

The changes are called a "comprehensive conceptual framework for improving pension provision" and include a review of the implementation of the second level of pension provision. The memorandum states that the growth of pension expenses should take place only if the pension fund's resources are balanced, in particular through a medium-term analysis of fiscal sustainability and an analysis of the debt burden.

What restrictions does the IMF propose in the pension system and social benefits? The IMF proposes to prohibit the introduction of new special pensions or the provision of additional benefits to existing pension payments. It is also not recommended to increase benefits through discretionary increases or changes to existing obligations to reduce the retirement age.

The mechanism for supporting vulnerable segments of the population involves improving the targeting and verification of benefits for vulnerable segments. Different social support programs will be combined into a single package of social support based on individual need, regardless of the status of the recipient, be it an internally displaced person or a citizen with another status. However, these changes in social security are still project-based, and the memorandum does not specify the time frame for the implementation of the pension reform and social benefits.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

Mourning Day in Kiev - and Potap celebrates a new clip

April 25, when Kyiv officially announced the day of mourning for ...

Ukraine proposes to hold a summit in Rome on the day of Pope's funeral

Ukraine proposed to hold an important international summit in Rome in ...

Virgo, Lion, Pisces: Three Zodiac Signs Lucky this Weekend

Astrologers predicted that these weekends, April 26-27, 2025, ...

The atmospheric front will bring cold and thunderstorms: what to expect in Ukraine

From today Ukraine will be covered with thunderstorms, and the temperature ...

Work, biological weapons and chemical attacks: How can AI can destroy humanity by 2030

Researchers from AI Futures Project (USA) have posted a shocking ...

Tax will see everything: in Ukraine create a register of accounts and safes

The Government of Ukraine has approved a bill that provides for the creation of a centralized register ...

99% voluntarily: Ludomans themselves are asked to close them access to excitement

In 2024, the number of Ukrainians who voluntarily restricted themselves ...

Love during the war: Igor Pelikh's son married in Kiev

On April 24, Ivan Pelikh's wedding took place in Kiev --...