Ukraine not to raise retirement age soon: Deputy PM

Ukraine will not raise the retirement age, Deputy Prime Minister Pavlo Rozenko told the Ukrainian TV 112 Channel.

According to the official, to raise the retirement age in the country, it is necessary first to increase life expectancy by seven to 10 years. Meanwhile, as Rozenko noted, there is no the demand to raise the retirement age in the Ukraine-IMF memorandum, so the Cabinet will not introduce any changes in this regard.

”Well, maybe, some day, in the long run, some next government will start a public debate on the issue of raising the retirement age. I believe that this debate is irrelevant until we raise significantly the quality of life, namely life expectancy. Only when we increase life expectancy by about seven to 10 years, it is possible to argue and convince the public that it is necessary to prolong the working age. As of today, the question of raising the retirement age is out of the agenda. That question is not part of the IMF memorandum, there are no commitments with respect to raising the retirement age and it is obvious that the government will not in any way put forward ideas on raising the retirement age this year,” Rozenko said.

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