Date: 6 months ago   Category: Financial

The minister compared the solidary and accumulative pension systems


Guarantee of payments of pensions under any economic conditions - the main advantage of the operating solidary pension system, Andrey Reva considers. The main advantage of the operating solidary pension system in Ukraine is the guarantee of payments of pensions under any economic conditions. It was said by the minister of social policy Andrey Reva, Minsotspolitiki's press service reports on Wednesday, January 16. "The solidary pension system passed through everything tests and proved that even in the most hard times when there was very difficult economic situation, the solidary system was the only source of pension payments. Therefore it is necessary to remember that solidary level is an insurance system which will give a guarantee of payment of pensions under any circumstances", - the minister noted. At the same time the main call for both levels of the pension system, both for solidary, and for accumulative, remains, according to him, the shadow sector of economy, "contributions at both levels of the pension system calculate from the official income of citizens". Earlier the Cabinet approved the budget of the Pension fund for 2019 with income in 398.2 billion hryvnias and expenses of 397.7 billion hryvnias. Also it was reported that as of January 1, 2019 average pension in Ukraine was 2645.6 hryvnias. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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