From March 1, pensions will increase in Ukraine: who will be affected by indexation
25 February 23:24
The government has announced the start of the pension indexation process in Ukraine on March 1. Thus, pensions will increase by 11.5% for more than 10 million citizens. This was announced by Prime Minister Denys Shmyhal during a meeting of the Cabinet of Ministers, Komersant ukrainskyi reports
“Starting March 1, we will index pensions. For more than 10 million citizens, pensions will increase by 11.5%,” Shmyhal said.
The minimum pension increase will be at least 100 hryvnias.
“The minimum pension increase will be at least UAH 100. In order to fairly distribute financial resources and increase the lowest pensions, we are introducing a maximum indexation rate of up to UAH 1500,” he added.
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What pensions do current pensioners receive?
The number of pensioners at the beginning of 2025 was 10.34 million. This was reminded by MP Nina Yuzhanina and cited the following data:
“The average pension amount for the last quarter remained almost unchanged and amounted to UAH 5,789.05, while pensions
– more than UAH 10,000 were received by 1.26 million pensioners (average pension is UAH 15.4 thousand)
– from UAH 5,001 to UAH 10,000 – 2.63 million pensioners (average pension 6.9 thousand UAH);
– from UAH 4,001 to UAH 5,000 – 1.94 million pensioners (average pension is UAH 4.4 thousand);
– from UAH 3,001 to UAH 4,000 – 1.82 million pensioners (average pension is UAH 3.5 thousand);
– up to UAH 3,000 – 2.68 million pensioners (average pension is UAH 2.8 thousand).
About 344,000 people receive pensions that do not exceed the subsistence level, and almost 50,000 pensioners receive pensions of less than UAH 1,500.
Pensions over UAH 10 thousand (12% of pensioners) account for 33% of all pension funds.”
What about “special pensions”?
At the beginning of the year, the Cabinet of Ministers introduced restrictions on “special pensions” that exceed UAH 23,610. These are pensions of certain categories of pensioners: civil servants, prosecutors, MPs, diplomats, scientists, etc. Kommersant Ukrayinsky talked about this. For such high pensions, reduction coefficients are introduced for the part exceeding 10 subsistence minimums.
