Minimum wage rise to UAH 3,200 allows increasing pensions - Social Policy Ministry

Minimum wage rise to UAH 3,200 allows increasing pensions - Social Policy Ministry

656
Ukrinform
Due to the increase in the minimum wage to UAH 3,200, the receipt of funds from the social security tax payment for seven months increased by UAH 11.5 billion. These funds are used to increase pensions.

Deputy Social Policy Minister Mykola Shambir said this at a briefing on Tuesday, an Ukrinform correspondent reports.

"According to the Pension Fund, for seven months UAH 83.8 billion was paid to the Pension Fund through the social security tax payment, which exceeded the planned funds by UAH 11.5 billion. We plan to use these funds to increase pensions," Shambir said.

He recalled that in January of 2017 the minimum wage was raised to UAH 3,200.

ish


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the internet that are open to search systems, hyperlinks to ukrinform.ua not lower than the first paragraph are mandatory. Citing and using materials in ofline-media, mobile apps, SmartTV are allowed only with receipt of a written permission from "ukrinform.ua". News and publications marked "Advertisement" and articles in the block "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2018 Ukrinform. All rights reserved.

Website design Studio Laconica
Extended searchHide extended search
By period:
-
*/ ?>