KIEV, Aug. 9 – Ukraine plans to “reform” its pension system with the objective of putting it on a sound financial footing, including through a gradual increase in the pension age for women from 55 to 60 years, by adding six months every year starting in 2010 with the aim of equalizing the pension age for all workers.
This is stipulated in a memorandum signed by Ukrainian authorities and the International Monetary Fund as a part of the resumption of credit cooperation in the middle of July 2010.
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