Groysman: Large-scale recalculation of pensions to be launched on March 1

The Cabinet of Ministers will carry out a large-scale recalculation of pensions from March 1, 2019.  

Prime Minister Volodymyr Groysman said this at a government meeting on Thursday, an Ukrinform correspondent reported.

"I want to remind that we approved a decision that from January 1 there will be a recalculation for 500,000 Ukrainian military retirees and their pensions will grow by more than UAH 700. We are preparing to carry out a large-scale recalculation of pensions for all Ukrainian retired persons on March 1, and this is an important task for us,” Groysman said.

He also reminded that on January 1, 2019, the process of monetization of subsidies was launched, as the government is convinced that people should receive remuneration for energy saving.