The majority of pensioners in Ukraine are living below the poverty line.

The majority of Ukrainian pensioners are forced to live below the poverty line. This was during the presentation of the Pension reform in the Cabinet of Ministers of Ukraine Prime Minister of Ukraine Vladimir Groisman.

“Today, people who have worked for many years, faithfully paying premiums to the Pension Fund have a minimum pension, which is not enough for normal living conditions. The majority of pensioners of Ukraine lives below the poverty line,” – said Groisman.

According to him, out of 12 million 8 million pensioners receive the minimum pension at the level of UAH 1312.

“It’s only 50% of the minimum consumer basket. In fact, the average pension in Ukraine is UAH 1828 as of 1 April 2017” – calculated Groisman.

We will remind, yesterday, on may 16, arrived in Ukraine mission of the International monetary Fund (IMF) to finalize the draft law on Pension reform in Ukraine.