Government approves budget of Pension Fund for 2021

Government approves budget of Pension Fund for 2021

The Cabinet of Ministers of Ukraine has approved the budget of the Pension Fund of Ukraine for 2021, the press service of the Social Policy Ministry reports.

"At a government’s meeting on February 17, the budget of the Pension Fund of Ukraine for 2021 was approved by a resolution of the Cabinet of Ministers,” reads the report.

According to the resolution, total budget revenues of the Pension Fund for 2021 are projected at UAH 495,502 million. Own revenues (including the balance at the beginning of the year) are provided in the amount of UAH 327,957.3 million, of which UAH 293,887.3 million is the amount of the single contribution to the obligatory state social insurance, distributed to the obligatory state pension insurance.

The ministry informs that the total expenditure part of the Pensions Fund’s budget for 2021 is projected at the level of UAH 495,502 million.


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