Ukrainian President Volodymyr Zelensky announced that the country will implement its annual pension indexation in March, resulting in a more than 12% increase for over ten million retirees. This decision was conveyed during his evening video address on February 27.
According to Zelensky, the necessary funds for this adjustment have been allocated, emphasizing that despite the ongoing challenges posed by the full-scale war, Ukraine has consistently carried out pension indexations each year. He stated, “Indexation must happen now, in March. No matter how difficult the situation is, Ukraine has ensured pension indexation and all essential social payments since the first year of the invasion, maintaining a stable social and financial system.”
The president also expressed gratitude towards Ukrainian entrepreneurs and businesses that continue to operate amid the war, contributing to tax revenues and job creation, which are vital for the state budget. He remarked, “At least half of the government’s expenditures are supported by Ukrainians, despite everything—despite the war, Russian strikes, and all these outages. It is extremely important that we have internal foundations of resilience and our cooperation with partners, which provides Ukraine with unprecedented external financing during these years of war!”
In a recent address, President Zelensky confirmed that Ukraine will increase pension payments by over 12% in March, benefiting more than ten million retirees. This move reflects the government's commitment to maintaining social support amid ongoing wartime challenges.