Pension Fund Allocates 65.7 Billion UAH for Payments

Ukraine's Pension Fund Financing Update

According to Пенсії (RSS): As of June 22, 2023, the budget of Ukraine's Pension Fund has disbursed funds covering pensions, subsidies, insurance payouts, and social assistance. During June, the Fund provided 1,190,500 services to individuals who applied to its offices.

Breakdown of Fund Distribution

Specifically, 65.7 billion UAH was allocated for pension payments, distributed as follows:

• 9.3 billion UAH disbursed through Ukrposhta JSC;
• 56.4 billion UAH via authorized banks.

Housing subsidies and benefits received 1.4 billion UAH, while insurance payments totaled 2.9 billion UAH, including 1.5 billion UAH for sick leave compensation. Additionally, 10.5 billion UAH was directed toward social assistance and other payments.

These figures highlight the Pension Fund of Ukraine's active role in providing financial support to citizens, a crucial element of the nation's social policy. The Fund's budget covers not only pensions but also a range of social benefits, underscoring the government's commitment to aiding the most vulnerable populations.

Amid economic challenges such as war and other socio-economic difficulties, timely disbursements are essential for maintaining the stability of citizens' livelihoods.