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World Banks Kahkonen calls for pensions indexation from 2018, not later
Journal Staff Report

KYIV, Sept 5 - World Bank Country Director for Belarus, Moldova and Ukraine Satu Kahkonen has said the automated indexation of pensions in Ukraine should be introduced from 2018 and not from 2021 as it is outlined in the existing bill on pension reform proposed by the Ukrainian government to the Verkhovna Rada.

She said that the pension indexation envisaged in the bill should apply to 2019 and 2010, not only from 2021. This is important for transparency and stability of pension payments and for avoiding the reduction of pensions, she said at a round table in Kyiv on Tuesday.




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