Working pensioners will have their payments recalculated: who will receive more
The right of pensioners to work and receive a pension
Ukrainian pensioners can receive a pension while continuing to work without a reduction in the amount of payments. Every two years, the pension amount is recalculated based on the new salary level and insurance experience.
The Pension Fund urges citizens to report their employment to avoid financial misunderstandings. If overpayments occur, they can be voluntarily returned or will be withheld in parts from subsequent pension payments.
Pension for length of service and other rules
In the case of a pension for length of service, when a person continues to work, payments are suspended and resumed after the work ends.
Employment of pensioners in public office is possible up to the age of 70 with the consent of the institution. Registration of pensioners with the employment service is possible, but unemployment benefits are not provided for them.
Certain procedures must also be followed to avoid problems with insurance experience.
Pensioners in Ukraine have the opportunity to combine receiving a pension with work without reducing the amount of payments. It is important to report employment to avoid financial misunderstandings and to adhere to established rules regarding employment and pension payments.
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