Over 22 Billion Hryvnias Disbursed by Pension Fund as of September 7
Overview of Social Payments in Ukraine as of September 2023
According to Пенсії (RSS): By September 7, 2023, Ukraine's social support system had allocated substantial funds across various programs, including pensions, housing subsidies, insurance benefits, and other social assistance. Pension payments alone reached 22.1 billion hryvnias, with 3.3 billion distributed through JSC 'Ukrposhta' and 18.8 billion handled by authorized banks.
Additionally, 1.4 billion hryvnias were directed towards housing subsidies and benefits, while insurance payouts totaled 1.7 billion hryvnias, including 0.4 billion for sick leave compensation. Other social aid and payments accounted for 6.3 billion hryvnias. During September, Pension Fund offices provided services to 282,300 individuals seeking support.
The Role of Social Payments Amid Challenges
These figures highlight the active engagement of government agencies in maintaining social protection for citizens, especially in financing pensions and various aid programs. Amid ongoing economic difficulties linked to the conflict, such financial support remains essential to uphold social stability across Ukraine.
The increasing volume of services offered by the Pension Fund further emphasizes the critical need for accessible social programs for those in need.
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