This year the grant of the Pension Fund from the state budget will amount to more than 142 billion UAH, which is 10 billion less than in 2016. The Vice-Prime Minister Paul Rosenhain in the air “channel 5”, reports UNN.
“Each year the level of wages and the minimum wage in Ukraine will grow, until we reach, say, a decent wage. Of course, we expect the result of deregulating the labour market, as a result of raising the minimal salary, the receipt of additional resource in the Pension Fund, and thus we have a non-inflationary resource that we can use to improve the retirement security of our citizens”, – said Rozenko.
According to him, as a result of raising the minimum wage is expected to reduce the budget deficit of the Pension Fund this year for 10 billion UAH.
“Thus, this year the grant of the Pension Fund from the state budget will amount to more than 142 billion UAH, which is 10 billion less than in 2016. And all the extra resource that we receive, we can use it for private pension programs,” he said.
We will remind, the Vice-Prime Minister Pavlo Rozenko believes that this year Ukrainians will feel the reforms that were started earlierand this will give more reasons to ukrainzam for optimism.
