From the beginning of 2025, it will become more difficult for Ukrainians to retire before the age of 65 due to increased requirements. This information was made public by the press service of the Pension Fund of Ukraine.
For example, in 2023, in order to retire at the age of 60, citizens needed to accumulate 30 years of insurance experience. However, from 2024 this requirement has increased to 31 years, and from 2025 it will increase again to 32 years.
It is already difficult for many Ukrainians to meet the requirements regarding insurance experience, and with the new rules the situation will only get worse. Many people start working at a young age, and often manage to accumulate only 35-40 years of total service, which is not enough to receive a full pension.
The importance of formal employment and payment of social contributions to ensure future pension security is emphasized particularly vividly. If a citizen worked unofficially and no one paid social contributions for him, he will not have insurance experience and, accordingly, will not have the right to a pension.
If a citizen's insurance experience before reaching the age of 65 is less than 15 years, he will not have the right to receive a pension. Instead, he will receive only temporary social assistance, the amount of which does not exceed the subsistence minimum. In addition, every six months he will have to confirm his right to receive this payment.
It is also known that pensions will be recalculated from June 1, but not everyone will receive additional payments. Those who fulfilled certain conditions in April can count on an additional payment of almost 1,000 hryvnias.
