The sources of funding for pension increases have been revealed

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Pension indexation is financed from two sources
16:29, 07.03.2023

This year's pension increases will be financed from two sources.



This was revealed by Daria Marchak, Deputy Minister of Social Policy, during a telethon.

According to her, one financing of pension indexation is carried out by the following components:

  • transfer from the state budget to the Pension Fund;
  • the Pension Fund's own revenues from the unified social contribution.

First of all, the money is stipulated by the law on the state budget. The law provides for a transfer from the state budget to the Pension Fund in the amount of 272 billion UAH. This transfer is a small amount to cover the deficit, and the rest is the Pension Fund revenue", Darya Marchak noted.

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Evgenia Ruban

Eugenia Ruban writes about political and economic news. She looks at large-scale phenomena in Ukrainian politics and economics from the perspective of how they will affect ordinary Ukrainians.

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