“How official employment contributes to the increase of pensions in Ukraine – Pension FundIn 9 months of 2024, more than 57 thousand jobs came out of the shadows, which brought 97 million UAH to the PFU. Official employment and timely payment of social security contributions are the main factors in increasing pensions.”, — write on: unn.ua
Details
According to the report of the Pension Fund of Ukraine for the nine months of 2024, more than 57,000 jobs were brought out of the shadows. That is, they began to pay taxes. Thus, the PFU received 97 million hryvnias as a single contribution. These contributions not only guarantee the pension rights of the workers who pay them, but also affect the benefits of current pensioners.
It is important that the size of the pension directly depends on the amount of the single contribution, which is paid monthly from the citizen’s salary to the budget of the Pension Fund. The larger the contribution and the longer it is paid, the higher the pension will be after reaching retirement age.
We will remind
During the two years of the war, the poverty level in Ukraine increased from 20.6% to 35.5%. Transcarpathia and Chernivtsi region suffered the least, and deep poverty increased 7 times.