Ukraine will be able to pay pensions without a deficit in six years – source

Elimination of deficit of the Pension Fund in Ukraine is possible until 2024.

This “Today” said an informed source in the Cabinet.

According to him, now the shortage is 147 billion.

The source also said that Ukraine has developed an alternative option of pension reform without raising the retirement age, which intends to coordinate with the IMF.

Recall, the Cabinet will begin pension reform this year. At the moment, pensions in Ukraine are among the lowest in Europe – the average pension in this year reached only 1800 UAH, and the minimum – 1247 UAH. The main innovation that announce for a few years – the introduction of a funded tier of the pension system.