Groysman: All military retirees to get raised pensions by May 1, 2018

Groysman: All military retirees to get raised pensions by May 1, 2018

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Ukrinform
Prime Minister Volodymyr Groysman states that the recalculation of pensions for military retirees will be completed until May 1, 2018.

He stated this at a meeting with representatives of regional mass media, an Ukrinform correspondent reports.

"Thus, almost 500 thousand retirees will receive additional payments totaling about UAH 1,500 to their pensions. Until May 1, all military retirees will receive recalculated [of pensions],” Groysman said.

He recalled that the government found a mechanism for resolving this issue and changed the system.

Earlier, Vice Prime Minister Pavlo Rozenko stated that the recalculation of pensions had already been carried out for 90% of military retirees.

The Pension Fund of Ukraine in the second half of March under the government’s decision started to pay raised pensions for military retirees. The pensions are raised gradually: from January 1, 2018, pensions for military retirees are increased by UAH 1,500 on average, from January 1, 2019 – by UAH 750 on average, and from January 2020 – by another UAH 750 on average. Thus, pensions for military retirees in two years will grow almost twofold. Currently, monthly average pension for military retirees totals UAH 2,898.41.

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