The entry into force of the pension reform from January 1, 2018 will hit all who reach retirement age. According to the MP from the OPPOSITION BLOC Mykhailo Papiev, some of the citizens who have reached the retirement age will not be able to receive a pension, and all others retiring will be cut back.
"From January 1, everyone will become clear what the pension "reform" is from the current government. The majority of new pensioners will receive a 35% less pension than they could get under the old law, and some will not be able to qualify for a deserved vacation in 60 years. If the entire reform is reduced to the fact that the deficit of the Pension Fund is reduced at the expense of Ukrainian citizens, then such a reform is not needed. Its cancellation will be one of the first questions that the OPPOSITION BLOC will put before the parliament after the elections," Mykhailo Papiev said.
The deputy explained that the key norm of the new law is the reduction in the length of service from 1.35 to 1.0. If earlier for each working year the Ukrainian citizen received a coefficient of 1.35, but now he will be equal to one.
"For a person who has 35 years of experience, the ratio of work experience in the formula for calculating pension today is 0.47, and from January 1 it will be 0.35. The authorities say that her "reform" stimulates people to work more, but she herself took away 35% of the income that they could receive under the old law," he said.
"At the same time for people who could not earn an insurance record of 25 years, retirement in general was postponed from 60 to 63 years. And even after that their allowance will not be more than the minimum pension. Today it is 1373 UAH - taking into account inflation even less than a year ago. Not to mention the comparison with 2013, when the minimum pension was 120 USD," Papiev added.
According to him, the OPPOSITION BLOC intends after the election to solve the problem of the Pension Fund deficit through increasing its incomes.
"Creating jobs, especially in large industries, is a way to fill the Pension Fund without cutting pensions and actually raising the retirement age. The current government cannot and does not want to follow this path. But for our party members who already have experience in managing the economy, he is the only true one," the deputy said.