Groysman plans to cancel taxation of pensions from October 1

The Cabinet of Ministers plans to initiate the abolition of taxation of pensions from October 1 of this year.

Prime Minister of Ukraine Volodymyr Groysman said this at a press conference, an Ukrinform correspondent reports.

"Our pension reform stipulates that from October 1 we will offer to abolish the taxation of pensions for working pensioners," Groysman said.

According to the Prime Minister, the pension reform that the Government will submit to the Parliament in the near future provides for an increase in pensions and overcoming the Pension Fund deficit in the amount of UAH 140 billion by 2024.

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