Ukrainian Deputy Prime Minister hopes to someday find 10 billion to increase pensions
An unscheduled increase in pension payments – the so-called “modernization” of pensions – will cost the Ukrainian budget UAH 8-10 billion.
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This is stated in a message from the press service of Deputy Prime Minister Pavel Rozenko, posted on the government web portal.
“This is a colossal amount that we need to find somewhere. I hope that we will find her,” the press service quotes Rosenko.
The Deputy Prime Minister also noted that the Ministry of Finance and the Ministry of Social Policy have already received instructions to develop a mechanism for modernizing pensions; pensions will be increased for all pensioners without exception.
Let us recall that on August 8, Deputy Prime Minister Pavel Rozenko said that the Cabinet of Ministers intends to “modernize” pension payments for some categories of the population. It was planned to increase the average pension in October-November 2016.
It is expected that the adoption of the bill will increase pension payments for 3,4 million Ukrainian pensioners by an average of 284 UAH.
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