Government's draft law on pension reform envisages restoration of social
justice and provides an opportunity to eliminate shadow employment. This was
stated by Prime Minister of Ukraine Volodymyr Groysman on air of
"1+1" TV channel.
that the current situation in the pension system can be determined as close to
catastrophic, thereby inexertion will only lead to deterioration. According to
Volodymyr Groysman, the problem is not only because of low percentage of a key
source of filling the budget of the Pension Fund of Ukraine - unified social
contributions but due to the lack of labor experience needed for retirement. In
addition to that, the imbalances in the labor experience are resulting in the
situation when a person who has 35 years of experience, receive the same
minimum pension as the person who has worked much less or even has never worked at all.
justice ought to be set. If I have been working for 35 years and I have been
paying taxes faithfully thus I should get a decent pension," said the Head
of Government, adding that conscientiously payment of contribution will allow to eradicate ‘gray salaries’.
system designed as a tool to eliminate shadow employment as well as to reduce
the deficit of the Pension Fund of Ukraine,” stressed Volodymyr Groysman. We
are committed to ensure in 7-10 years a deficit-free budget of the Pension Fund
thereby enabling people to receive decent payments.
upon an issue concerning support by the Parliament of the aforesaid reform, the
Prime Minister emphasized: “"It is not the policy. It is a mathematical
reform and it requires a support. One can hardly be against of increasing
pensions for 9 million retirees as well as of the abolition of the taxation for
working pensioners. This is an integrated solution that will bring the pension
system to a new level. I am sure that we will find necessary votes needed for
adoption of incentives”.