Rada plans to consider bill on funded pension system this week – MP

KYIV. Nov 2 (Interfax-Ukraine) – This week the Verkhovna Rada plans to consider bill No. 2683 on the introduction of a mandatory funded level of the pension system, MP Yaroslav Zhelezniak (the Holos faction) reports.

"Good news for the capital market in Ukraine: this week, the parliament is also planning to consider a pension reform, namely bill No. 2683 on the introduction of a funded pension system," he wrote on the Telegram channel on Wednesday.

As reported, the revised version of this bill provides for the payment of mandatory funded contributions from 2023. According to the document, until 2026, funded pension contributions will be paid exclusively to the authorized pension fund on the individual pension account of the participant. From 2026, at the choice of participants, it is proposed to include authorized pension funds, including an authorized fund, as well as authorized banks in the system.

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