Working pensioners will be able to recalculate payments from April 2025: main condition
Recalculation of pension payments for working pensioners
Working pensioners in Ukraine will have the opportunity to initiate the recalculation of their pension payments starting from April 2025. The main condition for this is to have at least two years of work after retirement or since the last recalculation. This news was announced by a representative of the Pension Fund of Ukraine, Andriy Shelykh.
The recalculation of pension payments will begin on April 1, 2025, and this will be an important step for those who continue to work after retiring. The next planned indexation of pensions, which will occur on March 1, 2026, also promises positive changes for pensioners. The state budget has allocated over a trillion hryvnias for pension indexation, indicating the government's commitment to support social protection for citizens.
Financial changes and opportunities for pensioners
This year, pensions have already been increased by 11.5%, which has significantly improved conditions for pensioners. At the same time, the minimum pension payment is 2,361 hryvnias. However, it is important to consider that the Pension Fund may withhold from 20% to 50% of the pension for excess payments, which is also worth keeping in mind when planning financial matters.
Shelykh also noted that applications for pension recalculation can be submitted in various ways: in person, by visiting the Pension Fund of Ukraine, via postal mail, or through the online service on the official website of the Pension Fund of Ukraine.
These options make the process more accessible for all pensioners who meet the established conditions. It remains to be hopeful that these changes will positively impact the financial situation of working pensioners and enhance their viability in modern conditions.
This decision could significantly affect the lives of many Ukrainian pensioners who continue to work, as the recalculation of pension payments will enable them to receive more adequate financial resources in accordance with their labor contribution. Given the rising cost of living, such changes could be an important step towards improving social security in Ukraine.
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