The Pension Fund received over 487 billion: how it will affect payments

The total own revenues of the Pension Fund for ten months amounted to 516.7 billion UAH, which is 89.6 billion UAH more than last year. This indicates positive trends in the development of the pension system and an increase in official employment.

According to data for January-October of the current year, the Pension Fund of Ukraine received 487.9 billion UAH from the unified social contribution. This amount exceeded the planned indicator by 48.2 billion UAH.

The growth of own revenues helped to reduce the financing of pension payments from the state budget by 28.2 billion UAH compared to last year's figures. Currently, pension payments have been financed in the amount of 23.8 billion UAH, and 1.6 billion UAH has been allocated for insurance payments, including the payment of sick leaves in the amount of 0.4 billion UAH.

The Pension Fund of Ukraine received over 487 billion UAH from the unified social contribution for January-October of the current year. The total own revenues of the fund increased by 89.6 billion UAH compared to the previous year, indicating positive shifts in the pension system and an increase in the number of officially employed persons. This also allowed for a reduction in the financing of pension payments from the state budget, which is important for a sustainable pension system.