Ukrainian Russian English
Prime Minister: Comprehensive pension reform will enable us to revise retirement payments this year
24.03.2017 | 13:20

The pension reform will enable us to develop a deficit-free and fair pension system in the country and to revise the retirement payments already this year. This was announced by Prime Minister of Ukraine Volodymyr Groysman during A Question Time for the Government at the Verkhovna Rada of Ukraine on Friday.

The next step is an increase of pensions for the Ukrainian citizens. It is possible when in this session hall we will adopt a decision, I hope in the nearest possible time, in the coming months , on the comprehensive pension reform. It will provide an opportunity to build a deficit-free pension system on fairness principle and will enable us this year already to update retirement payments, stressed the Head of the Government.

The increase of pensions is the next step after a twofold rise of the minimum pay, promised by the Government and implemented with a support of the parliamentary coalition.

Volodymyr Groysman noted the salaries for teachers had been increased by 50%, as well as those for doctors - by 30%.

The Head of the Government assumes the pension reform will be the subject of "populist attacks" and calls on political forces to advocate the new system which is aimed to work for benefits of millions of Ukrainians.

Referring to some political forces appeals about raising the minimum wage up to UAH 5000, the Prime Minister pledged his support, however it should align with the economical potential.

I do not want it to be 5 (UAH thousand as a minimum wage), I want it to reach 10 (UAH thousand). Id prefer people to receive decent wages, but we must judge from the real potential of the economy and the private sector. Today it has become possible to make it UAH 3200, when we have a chance to make it UAH 5000, I will always stand by this decision, support it to ensure absolute benefits for the working Ukrainian citizens. But there is a time for everything, underlined the Prime Minister.

"Every day we work in Government, we think about the economy, economic growth, which will give us the opportunity to improve minimal wages and other welfare benefits. It is vital to draw a line in the issue of impoverishment of the Ukrainian citizens. We must provide a chance for the people to live a normal life. We cannot accept everything to decline, we must trigger an upward development, encourage development of the Ukrainian economy and to give our citizens what they deserve. This is my ideology, my stance and I am committed to stand for it, summed up the Prime Minister.


print version