Vice Prime Minister of Ukraine Pavlo Rozenko met with representatives of the IMF Mission, led by
Head of the Mission Ron van Roden. The
discussion was focused on the comprehensive pension reform of Ukraine, overcoming
the deficit and balancing the budget of the Pension Fund.
The Vice Prime Minister of Ukraine told about the steps taken by the
Government during 2015 - early 2016 aimed at putting the pension system of
Ukraine in order.
He reminded the members of the Mission that last year the Government submitted
to the Parliament a range of bills that provide, among other things, the
introduction of cumulative pension provision and the removal of extra
expenditures from the Pension Fund. "These
measures and the expected legalization of wages due to the reduction of a single
social contribution are those steps that can really give the effect of reducing
the deficit of the Pension Fund," he noted.
The parties agreed to jointly develop a general strategy for reforming the
pension system as soon as possible, as well as to agree on immediate steps to be
taken by the end of this year aimed at restoration of order in the pension
system and overcoming the deficit of the Pension Fund.