Ukraine government approves pension fund budget for 2016

Ukraine government approves pension fund budget for 2016

The Cabinet of Ministers of Ukraine has approved the Pension Fund budget of Ukraine for 2016.

The relevant decision was made at a cabinet session on Thursday, Ukrinform reports.

"The budget is completely balanced and allows to ensure full transfer payments to all pensioners, taking into account the fact that effective May 1 and December 1 the planned hike of the minimum pension will be implemented," minister for social policy Pavlo Rozenko said.

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