Ukrainians will be able to calculate their pension independently

"Electronic pension calculator" will soon appear in Ukraine, which will allow citizens to independently estimate the amount of their future pension. This innovative tool will be useful for insured persons who seek to obtain transparent information about their pension benefits and the possibilities of their increase.

This is stated in the draft resolution of the Cabinet of Ministers, which is posted for discussion on the FPU website.

The electronic pension calculator provides the possibility of calculating pension rights and pension payments based on the available information about the insured person / pensioner, and also provides the possibility of calculating projected pension rights and the amount of pension payments based on a possible increase in the amount of paid insurance contributions and / or an increase in the period of payment of such contributions ( insurance length of service), and/or postponement of the appointment of a pension.

The result of the calculation using the electronic pension calculator is a predictive estimate, is used for informational purposes and does not create grounds for paying a pension in the calculated amount.

The use of information about a natural person processed in the information and communication system of the Pension Fund of Ukraine in the electronic pension calculator is carried out if the person has passed electronic identification and authentication.

As noted in the explanatory note, the Ministry of Social Policy of Ukraine has developed a project of the concept of reforming the pension system and draft laws on the introduction of the accumulative pension system and on the reform of the joint pension system.

"The reform of the solidarity pension system aims to increase its transparency and fairness, and to ensure a direct correlation between the level of contributions that citizens pay to the pension system and the size of their pension. This project of the act was developed in order to work out ways of further reforming the pension system," the document says.

We would like to remind you that in Ukraine, a disability pension is awarded in case of total or partial loss of working capacity, regardless of the time of onset of disability. However, to receive such a pension, it is necessary to have a certain insurance experience.

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