Pension cuts and new service years: what awaits Ukrainian pensioners in June.

In May 2024, Ukrainian pensioners are expecting significant changes in pension legislation. Pension expert and journalist Serhiy Korobkin spoke about these innovations.

On May 16, the Cabinet of Ministers approved a new procedure for confirming work experience obtained abroad. Now, work abroad will be taken into account when providing pensions, even without agreements between states.

Key conditions:

• To account for service years, a certificate from a foreign state about official employment is required.
• Service years in former USSR republics before 1992 will be taken into account if a certificate of the absence of a pension in that country is provided.
• The Pension Fund can assist with requests to relevant countries.

This norm does not apply to those who are already retired, and such service years will not be taken into account when calculating pensions. This may complicate the process of confirming eligibility for counting external service years.

Termination of benefits for workers in the Far North and limitations on pensions for those convicted of treason

At the end of April, the pension agreement with Russia regarding guarantees for workers in the Far North was terminated. This decision restricts the right to early pensions for Ukrainian citizens. Also, on May 15, the Verkhovna Rada adopted a law limiting pension payments to individuals who committed crimes against national security.

In May 2024, Ukrainian pensioners are awaiting important changes in pension legislation that relate to accounting for earnings abroad in pension calculations and limitations on pension payments for actions that threaten national security.

In May 2024, significant changes in Ukraine's pension legislation are planned. Pensioners will be able to consider work abroad when receiving pensions, even without international agreements, but there are restrictions for those already retired. The pension agreement with Russia for residents of the Far North has also been terminated, and payments have been limited for individuals who violated national security.