Pensions to be divided into two parts: who among Ukrainians risks receiving less

New pension calculation formula in Ukraine

According to hvylya.net: Starting from July 2025, Ukraine plans to implement a new pension calculation formula, which involves dividing pensions into two parts. This was announced by expert in social policy Andrey Pavlovsky. The first part of the system is a basic pension amounting to 30% of the minimum wage after taxes. The second part is an insurance pension, which will be calculated based on points depending on years of insurance and salary size.

Advantages and risks of the new system

The basic pension of 1848 hryvnias in 2025 will be received by all retirees, regardless of experience and previous salary. The advantages of the points system include eliminating differences between pensions appointed in different years with similar indicators, as well as a uniform procedure for increasing all pensions. However, the cost of a point may change annually, and for individuals with high salaries, pensions may be lower compared to the current system.

This replacement is baseless as Article 17 of this law states that the main state social guarantees are established to ensure citizens' constitutional right to a decent standard of living... – noted the expert.

Additionally, it is proposed to change the definition of 'minimum pension amount by age' to 'amount of the basic part of the pension by age.'

A new formula for pension calculation has been presented in Ukraine, dividing into basic and insurance parts. The implementation of this system may have both advantages and risks for retirees, depending on their salary and experience.