Reva explained how the pension increases will affect inflation

The growth of pensions in Ukraine will lead to accelerating inflation. This was stated by Minister of social policy Andrei Reva, the press service of the Ministry.

“The increase of pensions will occur not because of inflationary money, and due to additional revenue from the economy, therefore, about any inflation we can not go,” said Reva.

He stressed that the government managed to avoid the growth of inflation in raising the minimum wage.

“That first was eliminated binding minimum wage to the subsistence level, and after that raised wages, which provided the necessary resources to increase social benefits and allowed to predict the recalculation of pensions,” – said Reva.

We will remind, the Cabinet of Ministers of Ukraine adopted the draft pension reform and submitted it to the Council reforms. According to the draft, pension in Ukraine will increaseand the retirement age will remain almost unchanged. At the same time for some categories of Ukrainians will cancel the special conditions of retirement.

In addition, Ukraine will expand the list of occupations with early retirement.