Pensions of people from the occupied territories who have not removed the pension for over a year will be stored in their accounts with the PFU – the Government

Pensions of people who have not left the temporarily occupied territories of Lugansk and Donetsk regions and have not removed the pension for more than a year will be stored in their accounts at the Pension Fund of Ukraine (PFU). About this May 20 reported Ministry of Social Policy of Ukraine.

“Due to Russian aggression against Ukraine, which has been going on for more than 10 years, some of the Ukrainian pensioners live in the territory uncontrolled by the state. In this case, such pensioners continue to receive their pension, subject to the passage of physical (in particular, video) identification in the Pension Fund. At the same time, the Pension Fund of Ukraine for a long time (from one year to sometimes 5-7 years) cannot contact some pensioners. These people also do not use money from their pension cards for a long time (for at least a year). Because of this, their pension funds are accumulated in the Savings Bank, which should pay these pensions, ”the ministry said.

As of October 1, 2023, more than UAH 10 billion was accumulated at Oschadbank.

“In order to make the pension system more financially stable, the Law on the State Budget of Ukraine for 2025 has set a new rule: funds that have been postponed to pay such pensions will now be stored not in the Savings Bank, but directly at the Pension Fund of Ukraine,” the Ministry informs.

In order to comply with this provision, the government has prepared a project of special rules that clearly determine how these funds will go from Savings Bank to PFU. Money will be waiting for their owners or their heirs until they appeal to people.