By KYIV. Jan 3 (Interfax-Ukraine) – Prime Minister Denys Shmyhal has called the introduction of mandatory pension accumulation one of the priorities for 2023.
"The introduction of mandatory pension savings and, in parallel, the reform of the stock market and the capital market," Shmyhal said at a government meeting on Tuesday, naming the priorities for work this year.
According to him, Ukraine has a long-standing problem with filling the Pension Fund, as the working population is getting smaller, and the number of pensioners is increasing.
"The war has made the situation critical. The reform is that all employed Ukrainians will have their own pension savings accounts. Funds will go there from three sources: the contribution of employers, the contribution of the state on a parity basis with employers, and voluntary contributions from citizens. Thus, we put into practice the right of every Ukrainian to a decent pension," Shmyhal said.
