Pension at 60 in 2025: new conditions and mandatory insurance period

New conditions for retirement in Ukraine

In 2025, Ukrainians will be able to retire at 60 only if they have sufficient insurance experience. The minimum insurance period for pension entitlement will gradually increase, affecting retirement conditions.

The right to retire at 60 will be granted to men and women who have 32 years of insurance experience. Those with 22 to 31 years of experience will only be able to apply for retirement at 63. Individuals with 15 to 21 years of experience will have the right to retire only at 65. If a person has less than 15 years of insurance experience, they will not be eligible for old-age pension.

Size of state social assistance

It should be noted that the size of state social assistance is determined as the difference between the average monthly income of the family per person over the last six months and the minimum living wage, which will amount to 2361 UAH in 2025. The payment amount cannot exceed 100% of the minimum living wage for working-age persons, which will amount to 3028 UAH in 2025. Thus, the new retirement conditions in Ukraine require careful attention to accumulating insurance experience.

The introduction of new retirement conditions in Ukraine indicates a change in state policy regarding social security, which aims to encourage Ukrainians to engage in longer labor activities and accumulate insurance experience. This may affect the financial planning of citizens approaching retirement age and compel them to consider opportunities for additional earnings or upgrading qualifications to increase their insurance experience.