The Verkhovna Rada registered several bills on pension reform. In the reform of the outdated, the average salary used in the calculation of the already appointed pensions will asurement. Also, change the formula that calculates the size of payments. As a result, those who have yet to get a “deserved rest”, will receive pensions of at least 30% less. The website “Today” figured out how over the last ten years has changed the formula for calculating pensions.
Depending on how you count
In the formula of calculation of pension figures of all three indicators: the experience, the average salary in the country and own salary. However, regardless of how you count, at the same salary and length of service the amount of pension may vary considerably. If the draft pension reform will, from next year, the Ukrainians will get pensions with the most disadvantageous conditions.
Before 2008 account of the average salary over the past year, and every year gave 1% of the pension, after you have decided instead of 1% to estimate the year of 1.35% and at calculation of pensions to take into account the average wages are not for past, but for the past three years. Given that the average salary is growing every year, the average salary in three years may be several times less than the average salary in the last year.
If the government’s pension reform will support the Rada in the near future the Ukrainians in the calculation of pensions will be considered as 1% per year.
Photo: Pixabay
“It will be the worst conditions for retirement. In 2008, when one year was estimated at 1%, and the average salary taken over last year, and not for the prior three years” – said a senior researcher of the Institute of demography and social studies Lydia Tkachenko.
“It will be the worst conditions for retirement. In 2008, when one year was estimated at 1%, and the average salary taken over last year, and not for the prior three years”, – said Lydia Tkachenko.
For example, the website “Today” is calculated, what kind of retirement could get Ukrainian with 30 years of experience and a salary 1.5 times above the national average (10 thousand UAH), three formulas for calculating pensions, which acted in the Ukraine, and by the formula proposed by the government.
Until 2008: 2404 hryvnia
How much to pay: 33%
Considered as a pension: Average salary of last year × own salary/average × number of years worked x 1%
Assume that pensions in Ukraine are still considered to be a specified formula. Then the Ukrainian, who has a salary 1.5 times above the average (about 10 thousand) and worked for 30 years, could claim the monthly payment in 2404 of the hryvnia, with the surcharge for “recycling”.
Photo: Pixabay
After 2008: 3400 hryvnia
How much to pay: 33% of salary
Considered as a pension: Average salary of last year × own salary/average × number of years worked ×1,35%
In 2008, the authorities decided to increase the rate of assessment experience. Prior to that, for every working year gave 1% of notional income, after – 1,35%. As a result, the size of payments has increased significantly.
So, if a retiree with 30 years of experience and a salary 1.5 times above the average at the moment came to retire at the “old” formula, the pension would reach 3,400 hryvnia.
After 2011: 2499 UAH
How much to pay: 33% of salary
Considered as a pension: Average salary over the last three years × own salary/average × number of years worked ×1,35%
Since 2011 the calculation of pension takes into account the average salary over the past year, and over the past three calendar years. Given that the average salary is constantly increasing, as a result of innovations, the size of pensions decreased considerably. Thus, according to this formula, with a salary of 10 thousand hryvnias it is possible to claim a pension of UAH to 2499
After the reform 2017: 1684 hryvnia
How much to pay: 22% of salary
Considered as a pension: Average salary over the last three years × own salary/average × number of years worked x 1%
In the framework of pension reform, the coefficient estimates of experience are planning to cut from 1.35 to 1. As a result, all the “new” retirement would be at least 35% lower. So, with a salary of 10 thousand hryvnia (1.5 times above the average), you will be eligible to retire in 1684 the hryvnia.
