“Pension Fund Has Money, and Benefits Will Be Paid on Time,” Chair of the Management Board of the Pension Fund of Ukraine

The Pension Fund of Ukraine received UAH 10 billion more in proceeds during the first months of the war year on year. Pension benefits were paid even ahead of schedule. Yevhen Kapinus, Chair of the Management Board of the Pension Fund of Ukraine, talked about this during his briefing at Media Center Ukraine.

“The situation somewhat deteriorated during the last months. In April, we received proceeds at the last year’s level. Nevertheless, it is a great win because it means that businesses meet their liabilities in a complicated environment. So does the state. The Pension Fund is funded in full,” Yevhen Kapinus said.

According to Kapinus, the Fund indexed the benefits in March. Because of that, people were paid pension benefits with an increase prescribed by the law. The Chair of the Management Board of the Pension Fund is certain that its funding will remain stable in the future.

Read more: https://mediacenter.org.ua/news