Ukrainian Pensions to Rise 12.1% in March, But Some Will Not Benefit

Automatic Pension Indexation in Ukraine

According to ХВИЛЯ: Starting March 1, 2025, pensions for approximately 10 million Ukrainians will be automatically increased by 12.1%. This mandatory adjustment, required by law, will be applied without the need for applications, despite the ongoing challenges posed by the war. This annual adjustment is a key mechanism to protect retirees' incomes from inflation.

Last year's pension indexation was 11.5%. However, it is important to note that the upcoming increase will not apply to two specific groups of citizens:

• Working pensioners who continue to receive a pension while employed;
• Individuals who retired within the last three years, as their pensions already reflect current average wage levels in Ukraine.

As mandated by law, pension indexation will be carried out in Ukraine on March 1, despite the war. Last year it was 11.5%, and this year it is 12.1%.

Oleksii Leonov, Member of Parliament, Servant of the People faction

He further clarified that 'pensions will not be indexed for those retirees who applied for retirement within the last three years.' Information regarding the indexation can be verified in the personal account on the web portal of Ukraine's Pension Fund electronic services.

The Significance of Automatic Indexation

Automatic pension indexation is a crucial step in supporting the financial well-being of retirees amid the economic difficulties caused by the war. It will help millions of Ukrainians maintain their purchasing power, though the noted exceptions mean some groups will not see this boost. The availability of online verification through electronic services simplifies the process for pension recipients, making it easier to access important updates.