It is anticipated that the minimum pension will range from 2500 to 3000 hryvnias, and for individuals with a full insurance record, it will not be lower than the subsistence minimum, with the possibility of indexing based on the economic situation. This is reported by Kontrakty.UA.
The amount of pension in Ukraine is determined based on the insurance record and the average official salary of a person. For those who have received the minimum wage throughout their working life, the issue of pension payments is particularly relevant.
How the Pension is Calculated
In 2025, the pension accrual system will undergo certain changes, so it is worth considering what to expect for those who have received the minimum wage. Information on what payments citizens can expect is provided by 24 Kanal.
The pension amount is determined using the formula: P = Zp × Ks × I.
Note: For those who received the minimum wage, the individual coefficient will be low, which will directly affect the amount of payments.
Expected Pension Amount in 2025
As of 2025, the minimum wage in Ukraine is projected to be between 8000 and 9000 hryvnias. Given this, the estimated minimum pension will be around 2500 – 3000 hryvnias. If the insurance record is full (35 years for men and 30 years for women), the pension will not be lower than the established subsistence minimum for the disabled.
However, if the record is shorter, social assistance may be assigned instead of a pension. It is important to consider that pensions may be indexed depending on the economic situation.
Are Additional Payments and Supplements Possible?
The state provides additional payments for certain categories of pensioners:
- Pension indexing according to the inflation rate.
- Additional payments for pensioners aged 70 and above.
- Social supplements for individuals with incomplete insurance records.
Thus, those who received the minimum wage throughout their working life can expect a pension close to the minimum level. To increase the amount of payments, it is important to either have a longer insurance record or seek opportunities for official income growth. The state periodically reviews the pension levels; however, major changes depend on the economic situation in the country.