Indexation and Payments of UAH 500 and 1,000 for Pensioners: What the Cabinet Approved
Pension indexation is scheduled for May.
Today, April 1, the Cabinet of Ministers of Ukraine held a meeting chaired by Prime Minister Denys Shmyhal. Members of the government considered several issues concerning pensioners.
The Cabinet approved several types of payments for them:
- From April 1, pensioners over 80 years old whose pension does not exceed UAH 9,205 will receive additional monthly payments of up to UAH 500.
- Pensioners whose pension does not exceed UAH 5,000, and certain categories of vulnerable people, will be issued a one-time allowance of UAH 1,000.
- Pensions will be indexed by 11% starting in May. The average increase will be UAH 260.
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