Government approves plan on introducing funded pension system

Government approves plan on introducing funded pension system

The Cabinet of Ministers has approved an action plan on introducing the funded system of mandatory pension insurance for 2017-2018.

The relevant decision was taken at a government’s meeting on Wednesday, October 11, an Ukrinform correspondent reports.

“In line with the corresponding law, we have developed a draft resolution to approve an action plan that provides for the introduction of the funded system," Social Policy Minister Andriy Reva said.

According to him, this document has been agreed with relevant government bodies.


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