Pension recalculation: who will receive higher payments from April 1

Pension recalculation: who will receive higher payments from April 1

Photo: depositphotos

The Pension Fund is carrying out an automatic recalculation of pensions for those who continue to work.

Starting from April 1, higher pensions will be paid to pensioners who are still working. This recalculation is предусмотрено (provided for) by the law “On Mandatory State Pension Insurance,” as reported by the Pension Fund of Ukraine.

Thus, elderly people who, after being granted a pension, have continued to work officially and for whom the unified social contribution has been paid (or who have paid it themselves) are entitled to a pension recalculation every two years.

The pension recalculation is carried out:

  • from the first day of the month in which the pensioner applied for recalculation — if the application is submitted by the 15th (inclusive),
  • from the first day of the following month — if the application is submitted after the 15th.

An automatic recalculation is performed if, after the previous recalculation, a person continued working and, as of March 1 of the year in which the recalculation is carried out, has accumulated 24 months of insurance record, or has worked less than 24 months but two years have passed since the pension was assigned.

Earlier, it was reported that from April 1, increases will also be granted to pensioners whose payments are linked to updated indicators of monetary support. In particular, this concerns military personnel, law enforcement officers, civil servants, and scientists — for whom a scheduled recalculation is carried out in accordance with current legislation.

Payments will also increase for older people. Pensioners aged 70, 75, or 80 will continue to receive age-related supplements, and from April their amounts may rise due to updates in basic social standards.

Separately, recalculations will affect disability pensions and survivor’s pensions if they depend on the subsistence minimum.

banner

SHARE NEWS

link

Complain

like0
dislike0

Comments

0

Similar news

Similar news

Photo: EPA Naftogaz continues its international efforts to enforce a court decision against Gazprom and recover approximately $1.4 billion abroad. According to reports, the Court of the Internation

Photo: facebook.com KabminUA Prime Minister Yuliia Svyrydenko said that, in addition to Sense Bank, Ukrgasbank has been identified as a priority candidate for privatization, with preparatory work al

Photo: Getty Images The United States has warned shipping companies that they risk sanctions if they make payments to Iran in exchange for safe passage through the Strait of Hormuz, according to the

Photo:  According to Bloomberg, Russia now imports more than 90% of sanctioned technologies through China, highlighting Moscow’s growing dependence on Beijing amid the ongoing war against Ukraine.

Photo: Pixabay In Germany and Spain, inflation in April rose to multi-year highs, driven by surging energy prices linked to tensions in the Middle East, according to The Wall Street Journal. In Ger

Photo: depositphotos The World Bank warns that global commodity prices are set to climb in 2026 to their highest level since 2022, when Russia’s full-scale invasion of Ukraine triggered a major shoc

Photo: Getty Images The United Arab Emirates has decided to leave OPEC after more than six decades of membership, with the withdrawal set to take effect this Friday, May 1. What OPEC is and how it

Photo: EPA Ukraine has proposed a new cooperation framework called Drone Deals to its international partners, while finalizing all institutional procedures required to launch arms exports. This was a