The retirement age for men may be increased to 62-65 years

Age of pensioners in Ukraine

In Ukraine, the age criterion for pensioners is 60 years . It is at this age that the male and female part of the population can apply for pension payments.

The Ukrainian authorities have developed a number of conditions under which Ukrainian citizens can make pension contributions at an earlier date. Such conditions include:

The total length of service is 30 years among women, of which the work experience must be at least 15 years.
The potential pensioner was born between April 1 and September 30, 1959, and does not have an official place of work.
Employees who are engaged in labor activity according to List No. 1, 2 in accordance with Article 13 of Law 1788-XII of 05.11.1991.
Lilliputians and dwarfs with 20 years of experience and 15 years of experience among men and women.
Women who have given birth to more than five children who are 6 years .
Mother of disabled children, if she has more than 15 years .
Group 1 disabled children.
Visually impaired.
Citizens who took part in military operations in Afghanistan.
Teachers who were born from January to July 1966 .

If a woman continues to work after receiving the right to retire, for every 6 months worked over, 2.5% is added to pension payments!

Retirement age in Ukraine

Evelina Zakharchenko
3 325

Will the retirement age be raised in Ukraine and how will this affect citizens? This issue is considered one of the most pressing at the beginning of 2020 among residents of the country. Of particular interest is the problem of introducing a new calculation system for those Ukrainians who have almost reached the threshold after which a well-deserved rest awaits them. The fact of impending changes is confirmed by amendments to the relevant laws. In 2020, it is planned to gradually increase the retirement age in each region of Ukraine, as well as change the basic principles for calculating pensions for almost all categories of citizens. How will a certain age be changed and what should Ukrainians know? Further in the text, comprehensive answers to the most pressing issues of pension reform will be given.

What will change?

The following changes should be expected in 2020:
1.

It is no longer enough to work at an enterprise until the established age; length of service is taken into account first of all.

Last year, a 60-year-old man received the right to stop working and receive an old-age pension after working continuously for at least 25 years (for 63-year-olds - 15 years). Accordingly, in 2019, the retirement age of Ukrainians did not change, but the minimum “according to length of service” increased by exactly one year. That is, in the new year, all the same 60-year-old men, but with 26 years of work experience, can receive the right to state support. The principle of increasing the length of service by a year will remain in Ukraine and will be valid for the next years. As for women, the principle of calculation is similar.

Citizens who have failed to achieve 15 years of service by the age of 63 (in 2020), despite reaching a certain age, will not receive the right to state old-age benefits.

If a man or woman working and living in Ukraine reaches a certain age, but it is not possible to confirm the minimum required period of work with an official document, the standard pension will be replaced with a social benefit.

There are significant differences in the amounts of payments and pensions, the former being much lower than the latter. From 2020 to 2020, Ukrainians who have completed their working career, but did not have time to work for 15 years, can count on additional benefits. The amount of payments depends on the subsistence level determined in Ukraine at the time of contacting the social security authority.

In the event that retirement age has been reached, but there is not enough experience (no more than two years), citizens will be asked to compensate, that is, “purchase” it, at their own expense.

To compensate for the missing years, a Ukrainian in 2020 has the right to contribute to the Pension Fund an amount equal to the two-year contribution of the enterprise where he was employed. An important point is that the contribution amount for each year is multiplied by two. The average “cost” of one year in Ukraine in 2020 will be UAH 85,000. That is, retirement age allows you to end your working career, but if two years are missing, you will need to contribute 170,000 grams to the state fund.

Work experience will be taken into account only for the period of work when contributions to the Pension Fund were made.

Time spent in military service, as well as official entrepreneurship in Ukraine (under a simplified taxation scheme), will be included in the length of service with reservations.

The specified activities are taken into account in 2020 only if there are full receipts of funds in the Pension Fund for its period. In cases where the monthly contribution was below the established minimum, only half of the month will be counted. It is also planned to completely exclude maternity leave and university studies from accounting.

One year of experience will become “cheaper”. Previously, the average pension in Ukraine was calculated with a coefficient of 1.35 for each year worked; in the new version, the law obliges the use of a coefficient of “1”. In fact, if a citizen reaches retirement age and has accumulated 30 years of experience, the state guarantees payments in the amount of 30% of the average salary in Ukraine. Previously, a pensioner could count on security in the amount of 40.5% of the average salary.

Pensions of civil servants are calculated on general terms. In 2020, in Ukraine, the right to preferential pension provision is retained only for military personnel.

A funded pension system will be introduced. Officials proposed obliging citizens who will retire no earlier than 25 years later to deposit funds into savings accounts. Thus, every citizen working in Ukraine and who has not reached the age of 35 in 2020 will be required to transfer a certain percentage of their salary to a special account in the Pension Fund. It is planned to introduce an innovation requiring the transfer of 2% of income per month and gradually increase the amount of deductions to 7%.

Starting from 2028, the minimum age for retirement can be replaced by a minimum length of service equal to 40 years.

In this case, if a citizen has accumulated 40 years of continuous work experience, his work activity in Ukraine can be completed legally before the due date.

Conclusion

In order to optimize the system and motivate citizens to switch to funded pensions, the government decided not to significantly change the age indicators of pensioners in 2020.
Instead, the system for recording time worked and the coefficient for calculating the amount of payments have changed. Thus, in Ukraine, the retirement age and the right to state security are determined if:

the man is 60 years old and has accumulated 26 years;
woman – 59 years old and 26 years accumulated;
turned 63 years old (M and F) with a total of 16-26 years of experience;
turned 65 years old and has accumulated 15-16 years.

Will there be a reduction in age?

The issue of lowering the age of pensioners was raised in Ukraine in two directions, namely:

Decrease in age women under 55 years old. The initiators of the bill put forward the following reasons for reducing the age of the female population, such as:
decline in demand in the labor market;
deterioration of living conditions;
low wages;
lack of positive changes in the financial sector after increasing the retirement age for the female population of Ukraine;
low life expectancy.

In 2020, this bill did not enter into legal force.

Lowering the age criteria for women raising three or more children.

At the end of 2020, people's deputies put forward bill number 5343 for consideration. The essence of the law is that a woman who has given birth to three or more children can receive pension contributions at the age of 55. In this case, the total experience must be at least 20 years. The goal of the developed project is to restore social justice for this category of citizens.

Similar material: pension for migrants.

According to the terms of the project, the rights of the law in question will not apply to women who:

do not raise children properly;
children are mistreated;
exploit children;
do not have parental rights;
have a valid criminal record.

This bill is under consideration and has not yet entered into force.

In what cases can you go for early retirement?

There are preferential categories of citizens who have the opportunity to retire earlier than expected. These include:

Teachers. According to the government decision, the mandatory length of teaching experience for teachers is 30 years. Then the person can continue working as he wishes. The retirement age is adjusted depending on the employee’s age, as well as the availability of special experience. That is, the issue is resolved individually at the Pension Fund after submitting the required package of documents;
Miners. This is a difficult profession. To receive a well-deserved rest, it is enough to work for 25 years. After this period, people can apply for early social support. If during the period of working life a person had special achievements or awards, then a pension can begin to be paid after 20 years of work experience;
Military. As for this category of citizens, today the bar is rising. To retire, you must work for at least 25 years. This applies to employees of the Ministry of Internal Affairs and the Ministry of Emergency Situations;
Afghans can qualify for vacation after 25 years of service. The age for early retirement must be at least 55 years. When preparing documents, a mandatory requirement is the identification of a combat participant. Otherwise, a person goes on vacation according to general principles.

A separate category of preferential citizens are people with disabilities, dwarfs, war veterans, as well as employees of hazardous industries. Favorable conditions have been established for them. Everyone else goes on vacation according to the standard program.

Age indicators among men

Men can receive a pension at age 60. An important condition is that the insurance experience is at least 20 years, and the total is 35 years.

Some male pensioners must apply for a pension at the age of 62 if their work activity is related to scientific activities.

In addition, some citizens can apply for early pension payments. For example, military personnel participating in combat operations in Afghanistan can receive pension payments from the age of 55 (service - from 25 years).

Benefit recipients also include miners who are over 50 years old (10 years of experience must be in mining).

Experience for retirement in Ukraine

The increase in the pension length for retirement in Ukraine since 2018 also caused indignation on the part of citizens. According to the new rules, it will be increased to 35 years by 2028. The increase will occur gradually by 1 year over 10 years.

There are 3 groups of pensioners by age, regardless of gender:

60 years;
63 years old;
65 years old.

The sooner a person wants to retire, the more experience he will need. To retire in 2020 at age 60, you need at least 26 years of service. With 16 to 25 years of service, you can retire at 63 years old, and with 15 to 16 years of service, at 65 years. There is also an option to buy out experience from the state. For each month you will have to pay double the minimum insurance premium, which will be about 1,400 hryvnia. You cannot purchase more than 5 annual subscriptions.

When determining length of service, there is no division between men and women. The requirements are the same for everyone. Special conditions apply only to workers in professions with difficult working conditions:

In addition to official employment with an employer, the insurance period includes:

entrepreneurial activity with payment of insurance premiums since 1998;
Military service;
care for a disabled child, a child under 3 years old, elderly people over 80 years old, disabled people of group I;
stay in other countries of the spouse of a diplomatic official or military personnel;
receiving unemployment benefits;
disability;
maternity leave;
obtaining education, including postgraduate and doctoral studies until 2004.

Documentary proof of experience after 2000 is not required. If the work activity was carried out before this period, then you need to provide a work book and other documents. Until 2004, all length of service was equal to insurance coverage. The difference between them is that the length of service was eliminated; now the legislation uses only insurance experience, that is, the length of service during which insurance contributions to the pension fund were paid.

Insurance experience does not include:

periods when the employer did not pay insurance premiums;
entrepreneurial activity without paying fees;
work on the territory of another state with the exception of neighboring countries;
studies after 2004.

You can pay voluntary contributions to the Pension Fund, then this period will be taken into account in the insurance period.

At what age does a woman apply for a pension?

The age of a pensioner increases gradually from 55 to 60 years until 2020.

Thus, in 2020, women who are 58 years old will be able to retire. In this case, the insurance period must be at least 15 years, and the total - 30 years.

Thus, until the age of 60, women who were born before 03/31/1961 can apply for a pension.

For such women, the age is reduced by 0.5 - 5 years depending on the date of birth, namely:

until September 30, 1956 – 55 years;
01.10.1956 – 31.03.1957– 55.5 years;
04/01/1957 -09/30/1957 – 56 years and so on until 03/31/1961.

If a woman decides to receive pension payments later than expected, then for every six months of overtime she receives a 2.5% increase.

In 2020

In Ukraine, men who have reached the age of 60 and women born from April 1 to September 30, 1959 will be able to retire in 2020 (at age 58, from April to the end of September 2020). At the same time, their work experience must be at least 15 and 20 years, and their insurance period must be 30 (for women) and 35 (for men) years.

From July 1, the next stage of the reform will begin to take effect - employees will pay insurance premiums in the amount of 2% (in the first year) to 5% (in 2020).

In addition, from this date a savings system should begin to operate, intended for special categories of citizens under 35 years of age, employed in hazardous and particularly difficult industries.

Retirement age: questions and answers

Is it possible to apply for a pension under the old law?

Yes, you can, but to do this you should hurry to submit documents to the pension fund.

What to do if you lack a little experience, but there is no opportunity to work?

In Ukraine, it is possible to buy experience for up to 5 years.

What length of service is required to apply for a military pension?

At least 25 years for employees of the Ministry of Internal Affairs, Ministry of Emergency Situations.

Can pensioners in Ukraine continue working?

Yes they can.

Ministers against the IMF

The Cabinet of Ministers did not follow the recommendations of the International Monetary Fund, which were stated in the memorandum. Instead, officials decided to carry out the reform at their own discretion.

According to the mentioned documentation, the reform should have taken place in the past year. And the main condition was to increase the retirement age by three months for men and by four for women, gradually year after year, until 2027. That is, until the age limit of 63 years is reached. But politicians officially confirmed that the retirement age in Ukraine will not be raised.

If we mention the comprehensive pension reform of the Cabinet of Ministers, it will come into force in the coming year. First, it is advisable to coordinate it with representatives of the Verkhovna Rada.

Contents of the pension reform

This reform includes:

Updated list of variations for transferring workers to pensions;
Expanding the scope of the retirement age;
Additional payments for continuing work after reaching retirement age.

The third point will remain unchanged, despite all the chatter in the press that working pensioners will soon have to leave their jobs to make room for younger people. Quite the opposite - the authorities encourage those who continue to work even after reaching retirement years.

Currently, over 11 billion hryvnia have been allocated for the implementation of the pension reform, and in the future innovations will help save on pensions. In other words, no more than 3% of GDP will be spent on pension payments. But the retirement age for men will remain unchanged.