Ukrainians will Have Their Pensions Increased in 2022:

by Roman Cheplyk
Thursday, December 16, 2021
2 MIN
Ukrainians will Have Their Pensions Increased in 2022:

The state budget for 2022 provides for more than $7.35 billion for the annual March indexation of pensions and several other compensation deductions

From March 2022, an increase in pensions is provided by indexation:

  • For persons aged 75-80 years — $14.7; 
  • For persons over 80 years old — $18.4.

At the same time, the minimum pension will be $92. This will affect almost 1 million citizens.

If a pensioner over 70 has sufficient work experience (35 years for male and 30 years for female), then the minimum pension will be at least $110.3.

In addition, it is planned to increase compensation payments to military pensioners and liquidators of the accident at the Chernobyl nuclear power plant (on April 26, 1986, a sudden surge of power during a reactor systems test destroyed Unit 4 of the nuclear power station at Chernobyl, Ukraine. The accident and the fire that followed released massive amounts of radioactive material into the environment).

As for the Chernobyl victims, their pensions will be transferred from the beginning of the year in January, almost 40 thousand liquidators and victims of the Chernobyl disaster can count on an increase in payments.

The minimum payments will increase for:

  • Those who received the first group of disability up to $220.6;
  • Those who received the second group of disability up to $176.5;
  • Those who received the third group of disability up to $136.

Recall that from December 1, the growth of the living wage for the population of Ukraine will entail an increase in pensions. The minimum pension will rise to $71. Along with all allowances, pensioners over 65 will receive a minimum payment of $95.6. For combatants, the pension will be $149.3. The maximum pension will increase by $29.4 hryvnias and amount to $711.

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