War and inflation against pensions: how the payments of Ukrainians after the invasion of the Russian Federation were reduced

The indexation of pensions by 14% in March 2022, an increase in the minimum age pension and recalculation for some pensioners helped to mitigate the impact of the economic downt. At the beginning of 2023, the average pension in Ukraine is 4 622. 60 UAH. Payments increased by 15. 8%compared to 2022. This is evidenced by the data published by the Chairman of the Committee of the Verkhovna Rada of Ukraine on Finance, Tax and Customs Policy Daniel Hetmantsev.

According to him, in real dimension, if you consider inflation, the average pension of Ukrainians decreased by 8. 5%, and in dollar equivalent - by 13. 6%. Recall that inflation in 2022 was 26. 6%. "It would be amazing to expect the growth of real income of citizens during the war, but the authorities did everything possible to the burden of life rate for the most vulnerable sections of the population, in particular for pensioners, was softened.

Just compare these figures with the total fall of real GDP (at least by 30%) or real salaries (at least 20%), "Getmantsev said. According to Hetmantsev, the following factors helped to mitigate the impact of the economic downturn: "The financial situation of the Pension Fund remained stable during the year: the plan of own income from the ESA was exceeded by 5. 6% or almost UAH 20 billion," the politician added. At the same time, some pensions were financed by assisting foreign partners.

According to the Pension Fund press service, the highest average pensions as of January 2022 were paid in: the smallest average pension was paid to residents of Vinnytsia region - 4 622. 59 UAH. Earlier, Focus said that under the Law "On the State Budget of Ukraine for 2023" of 03. 11. 2022, No. 2710-IX, employers were allowed not to index their employees. As for pensions, in 2023 the so -called modernization of pensions should take place.