Pension benefits are growing, but inflation is eating away at most of them

As of October 1, the average pension payment in Ukraine nominally increased by 9.4% compared to last year, but taking into account inflation, the real increase is only 0.7%. This was announced by the chairman of the tax committee of the Verkhovna Rada, Danylo Hetmantsev.

Hetmantsev noted that, although the increase in the average pension in annual terms is insignificant, it was managed to be preserved, thanks to taking into account inflation. The main role in this was played by the annual recalculation of pensions, which took place in March 2024.

The head of the tax committee also presented the distribution of pensioners by level of payments:

  • 25.8% receive up to 3,000 hryvnias;
  • 35.9% - from 3,001 to 5,000 hryvnias;
  • 25.6% - from 5,001 to 10,000 hryvnias;
  • 12.7% – more than 10,000 hryvnias.

According to Hetmantsev, the financial condition of the Pension Fund of Ukraine remains relatively stable. According to the results of the three quarters of 2024, revenues from the Unified Social Contribution (EUS), aimed at mandatory state pension insurance, did not fulfill the plan by 1.9%. However, the reason for this was the backlog in the 1st quarter, while in the 2nd and 3rd quarters the plans were even exceeded. In general, PFU revenues for the first nine months of the year increased by 9.3% compared to the same period in 2023.

Earlier it was reported that more than half of Ukrainian pensioners receive payments exceeding 4,000 hryvnias. The main factor in the growth of the average pension was the March indexation. Pensioners in Kyiv receive the highest pensions, an average of 7,940 hryvnias — this is more than 35% more than the national average.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

In Ukraine, more than 1,000 FOPs are closed every day due to tax increases

In Ukraine, after President Volodymyr Zelenskyi signed the law on...

Petro Poroshenko "earned" millions of hryvnias from donations

The fifth president of Ukraine, Petro Poroshenko, once again found himself in the center...

The rematch between Usyk and Fury promises fantastic prizes: the Ukrainian will receive most of the fee

Scheduled for the end of December 2024, the rematch between the Ukrainian...

Ombudsman Lubinets: Lowering the age of mobilization will deprive Ukraine of its future

In his latest comment, Ukrainian Ombudsman Dmytro Lubinets expressed...

Zelenskyi said that Ukraine cannot return its territories by military means

The President of Ukraine, Volodymyr Zelenskyy, spoke again about the prospects of returning...

With the arrival of Trump, Ihor Cherkasky wondered which of his partners should be "surrendered"

Head of the State Financial Monitoring Service of Ukraine Ihor Cherkaskyi, through...

The company "Fighting Birds of Ukraine" sponsors the Estonian defense industry

The Ukrainian company producing unmanned aerial vehicles "Fighting Birds of Ukraine" continues...

Residents of Chernihiv Region accuse People's Deputy Borys Prykhodko of raiding

Chernihiv region found itself at the epicenter of new raider attacks, and this...