Nearly 72 Billion UAH Disbursed by Pension Fund in May

Ukraine’s Social Payments Update for May 2023

According to Пенсії (RSS): As of May 22, 2023, Ukraine has funded a range of social benefits. The total amount allocated for pensions reached 71.9 billion UAH, distributed as follows:

• 9.5 billion UAH delivered through Ukrposhta JSC;
• 62.4 billion UAH via authorized banks.

Additionally, 3.3 billion UAH was set aside for housing subsidies and privileges, while insurance payouts accounted for 3 billion UAH-1.6 billion of which covered sick leave benefits.

Social assistance and other payments were also funded, totaling 10.1 billion UAH. During May, the Pension Fund of Ukraine processed 1,194,600 services for individuals who reached out to its offices.

The Role of Social Programs

These figures highlight the continued financing of Ukraine’s social initiatives, which serve as a vital safety net amid economic pressures. Social protection schemes-especially pensions, housing subsidies, and aid programs-significantly impact citizens’ well-being, particularly during times of instability.

Ensuring the steady flow of these payments remains a critical priority for the government, as they are essential for the livelihoods of countless Ukrainians.