Ukrainians can receive a pension of about 7 thousand hryvnias. Only citizens with full insurance experience from the solidarity and savings systems will be able to count on this amount of payments.
Kyiv. Ukraine. Ukraine Gate – August 22, 2021 – Economy
According to estimates, with contributions of 4% of wages and profitability + 0.25% per month above inflation, Ukrainians will be able to save for a fairly high pension.
However, the following conditions must be met:
salary should be at the level of 15 thousand hryvnias per month;
total experience – from 35 years;
to deposit monthly 2% of the salary to the pension savings account from the paid personal income tax and an additional 2% of the salary from the amounts of SSC paid by the employer;
after retirement receives payments under the accumulative system for 15 years;
the whole period the accumulated money works with the profitability of + 0.25% above the inflation rate per month;
a Ukrainian receives a pension under the solidarity system in the amount of 3.6 thousand hryvnias.
If all conditions are met, the average pension under the accumulative system for 15 years will be 3.1 thousand hryvnias.
Thus, the total amount of the pension under the solidarity and accumulative systems will be over 6.7 thousand hryvnias, which is 45% of the estimated salary.
Read Also: Increasing the Pensions in Ukraine
Source: Ukrgate
