Average salary in October was UAH 10.8 thousand – Pension Fund

Average salary in October was UAH 10.8 thousand – Pension Fund

The Pension Fund of Ukraine approved the average wage index at UAH 10,887.46 in October 2020, according to the Fund’s website.

"The index of average salary (income) in Ukraine, which is used to pay insurance contributions and which is taken into account to calculate pension payments in accordance with the Law of Ukraine "On Compulsory State Pension Insurance", was approved at UAH 10,887.46 in October 2020," the report reads.

As Ukrinform reported, in September 2020, the average salary, approved by the Pension Fund of Ukraine, amounted to UAH 10,570.56.


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