It's time to save for retirement: Ukrainians told how not to be left without a pension

The article published by RBC Ukraine discusses the issue of pension system reform in Ukraine under the leadership of Yuliia Svyrydenko. It notes that the government plans to introduce a mandatory accumulative pension system to address the problems of the solidarity system, which is currently proving to be ineffective.

Minister of Social Policy Denys Uliutyn emphasized that transitioning to an accumulative model is essential for the stability of the pension system in the future. It is noted that the solidarity pension system faces challenges in ensuring an adequate level of pensions for Ukrainians due to the increasing number of pensioners and other factors.

The advantage of the accumulative model is the ability for each worker to guarantee themselves a stable pension by investing money in reliable financial instruments. Head of the Expert Analytical Council of the 'Ukrainian Analytical Center' Borys Kushniruk emphasized that the accumulative system will be an important complement to the solidarity one and will guarantee a more stable pension system in all aspects.