Social Policy Minister: increasing retirement age inevitable

The government has no plans to raise the retirement age in Ukraine at this stage, but in the future it needs to be done, Ukrainian Minister of Social Policy Andriy Reva said, RBC-Ukraine reports, with reference to the Ministry of Social Policy.
”We can discuss this issue only hypothetically. We do not have enough money in the Pension Fund. We go borrowing from the West, we go to Germany, meet with Angela Merkel and tell her sadly that we have not enough money for pensions. What will she think if the retirement age in Germany is 67 years?” he said.
The minister believes that the retirement age in Ukraine will have to be raised sooner or later. In particular, he cited the example of Belarus and Moldova, which have recently increased it.
According to him, at this stage, the Ministry considers the possibility of raising the retirement age for the Ukrainians with little work experience.
Co-chair of the group of strategic advisors on support of reform in Ukraine Ivan Miklos said that it was not necessarily to raise the retirement age right now, but this step will have to be made in the medium and long term.

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