Required insurance record for retirement
The Pension Fund of Ukraine has provided clarification on the required insurance record for retirement, outlining the requirements for 2025 and 2026. According to Article 26 of the Law of Ukraine 'On Mandatory State Pension Insurance', the required insurance record is determined at the date of the person reaching the appropriate age.
For Ukrainians who will reach 60 years of age in 2025, the required insurance record will be 32 years. In the following year, 2026, the requirements for the insurance record will change:
- For individuals who turn 60 — no less than 33 years.
- For individuals who turn 63 — no less than 23 years.
- For individuals who turn 65 — no less than 15 years.
Moreover, the deadline for digitizing paper employment records is set for June 10, 2026. Concerning the cost of one month of record in 2026, it will be no less than 1,902 UAH. These changes may affect pension payments for many Ukrainians, so it is important to be aware of the new requirements.
Impact of changes on pension payments
Changes in the requirements for the insurance record can significantly influence the planning of pension payments for Ukrainians approaching retirement age. Digitization of employment records is also an important step in simplifying the pension appointment process, as it will allow for easier verification of the required record.
Citizens should pay attention to the new requirements to avoid unforeseen difficulties during the pension application process.