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Pensions for Working Pensioners: What Will Change in Payments

Pensions for Working Pensioners
Зміни в пенсійному забезпеченні для працюючих пенсіонерів: що варто очікувати у виплатах.

Pension Payments for Working Pensioners in Ukraine

In Ukraine, working pensioners have the right to receive both a pension and a salary at the same time. The Pension Fund of Ukraine (PFU) recalculates pensions every two years for those who continue to work. This means that pensioners can remain employed, even in the same position, and receive their payments.

The amount of pension for working pensioners depends on their insurance record and the income from which contributions were paid. However, it is important to note that the pension for length of service is suspended if the pensioner returns to work. In the case of excess payments, the PFU has the right to withhold from 20% to 50% of the pension.

  • The risk of losing the pension if the pensioner does not inform the PFU about their employment.
  • The minimum pension payment is 2,361 hryvnias.

Thus, working pensioners should pay attention to the conditions that may affect their payments. Properly informing the PFU and adhering to established rules will help avoid unpleasant issues with pension payments.

The Importance of Knowing About Pension Rights

In light of current changes in pension legislation, it is important for working pensioners to be aware of their rights and obligations. This will allow them to make the most effective use of the opportunities provided by the system and avoid fines or loss of payments.

In the context of economic challenges such as inflation and rising prices, knowledge of pension rights becomes even more important for the financial stability of older citizens.

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