UA RU EN

Pension Fund Allocates UAH 59.4 Billion for Social and Insurance Payments

Фонд пенсійних виплат виділяє 59.4 млрд гривень на соціальні та страхові виплати.

Payment Disbursements in Ukraine as of May 14

As of May 14, Ukraine has funded disbursements for pensions, subsidies, insurance, and social benefits. Specifically, UAH 43.6 billion was allocated for pension payments, with UAH 7.6 billion distributed via Ukrposhta JSC and UAH 36.0 billion through authorized banks.

Furthermore, UAH 3.3 billion was set aside for housing subsidies and benefits, while UAH 2.3 billion went to insurance payments—UAH 1.0 billion of which covered sick leave. Social assistance and other payments received UAH 9.2 billion. In May, 729,200 services were provided to individuals who contacted the Pension Fund of Ukraine.

The Significance of Financial Support

These financial transfers are crucial for sustaining the population amid economic challenges, especially for the elderly and those in need of social aid. The role of the Pension Fund and banks in ensuring timely payments is equally vital, as it directly impacts the well-being of many Ukrainian families.