Budget of Pension Fund receives UAH 255 bln in 2017 - Mashkin.

Budget of Pension Fund receives UAH 255 bln in 2017 - Mashkin.

The budget of the Pension Fund of Ukraine received UAH 255 billion in 2017, according to Deputy Chairman of the Board of the Pension Fund of Ukraine, Vladyslav Mashkin.

“Since the beginning of the year, the budget of the Pension Fund of Ukraine in 2017 has got UAH 255.1 billion from all sources of financing - revenues from the single social contribution and the state budget. Of these funds, own revenues amounted to UAH 141.1 billion, which is UAH 41.6 billion more compared with the figures in 2016,” Mashkin said, the Pension Fund’s press service reports.

According to him, the total amount of Fund’s expenditures on pensions and other planned payments in January-November 2017 totaled UAH 252.7 billion, which is UAH 32.4 billion more compared to the same period last year.

Also, Mashkin added that the average pension grew by UAH 500 and totaled UAH 2,447. 95 in November 2017.


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