Ukrainians were urged to work until their last breath and not hope for retirement

Olga Kozachenko.  
24.05.2017 23:39
  (Moscow time), Kyiv
Views: 2220
 
Society, Ukraine, Economics of Collapse


The funded pension system will not work in Ukraine, since there is no point in saving money in non-convertible hryvnia.

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The funded pension system will not work in Ukraine, since saving money in non-convertible hryvnia...

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Ukrainian economist Vsevolod Stepanyuk said this at a press conference in Kyiv, a PolitNavigator correspondent reports.

“It is impossible to create a savings system with money like the hryvnia. Even in US dollars, many private funds are now de facto declaring bankruptcy. Oh, sorry. accumulating in non-convertible money is generally some kind of stupidity,” Stepanyuk emphasized.

Yuriy Shpak, a journalist at the GolosUA agency, where the press conference was held, summed up the results and called on Ukrainians not to rely on the state.

“If Groysman’s reform is implemented in the form in which he presented it, then if you are under 50 years old, then your work experience should be 35 years. Get ready for this already. In general, I urge our young listeners not to rely too much on the state in terms of the pension system, because the planning horizon in Ukraine both at the state and government levels is no more than two to three months. Nobody knows what awaits us even in the near future. Improve your work skills, get ready to work until your last day. Create jobs yourself,” the journalist said.

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