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Publication date: 12.05.2024
The old-age pension is awarded upon reaching the legal age, subject to the required insurance experience.
The general conditions for assigning an old-age pension are determined by Article 26 of the Law of Ukraine dated July 9, 2003 No. 1058-IV "On Mandatory State Pension Insurance" (hereinafter - Law No. 1058).
Retirement and seniority are closely related
The law sets the retirement age at 60, 63, or 65, depending on length of service.
So, in order to retire after reaching the age of 60 in 2024, it is necessary to have at least 31 years of insurance experience.
Every year, the insurance length of service, which gives the right to retire at the age of 60, increases by 12 months and in 2028 will be 35 years.
If a person who turns 60 in 2024 has less than 31 years of the required insurance period, he will be entitled to a pension after reaching the age of 63 in 2027 with at least 24 years of insurance period.
The minimum required insurance experience, which gives the right to a pension at the age of 65, is 15 years.
Insurance length of service, which gives the right to retire, is determined on the date a person reaches the age of 60, 63, or 65
Example:
The man turns 60 years old on February 1, 2024.
The acquired insurance experience on this date is 30 years and 6 months.
The required insurance experience is 31 years.
The man works. If, for example, while working, he acquires another 6 months of insurance experience, then he will be able to apply for a pension after acquiring 31 years of insurance experience. The pension will be assigned from the date of application.
Insurance experience acquired after 01.01.2004, is calculated based on the data of the register of insured persons of the State Register of mandatory state social insurance, and for periods of work up to 01.01.2004 - on the basis of the employment book and other seniority documents.
The size of the old-age pension is determined for each pensioner individually and depends on his insurance experience and the salary he received from which insurance premiums were paid.
Old-age pension is assigned automatically or at the person's request. An old-age pension can be granted automatically (without an individual's application) from the day following the day of reaching the age of 60, if the register of insured persons contains information about seniority acquired before 2004 (the employer or the insured person submitted an employment book for digitization, other seniority documents).
An application for the appointment of a pension and a package of documents can be submitted directly to any service center of the Pension Fund of Ukraine or in electronic form through the web portal of the Fund's electronic services (portal.pfu.gov.ua) using a qualified electronic signature.Appointment of a pension by age before reaching the age of 60
Certain categories of citizens may be granted old-age pensions before reaching the age of 60:
· on preferential terms - to persons who worked in jobs with particularly harmful and particularly difficult working conditions and in other jobs with harmful and difficult working conditions or in certain branches of production - parts one - three of article 114 of Law No. 1058;
· premature - to persons who have a special status, in particular, mothers of many children and mothers of children with disabilities since childhood, participants in hostilities and family members of the dead, citizens dismissed from work, who at the time of dismissal had no more than one and a half years left before reaching retirement age - part one of Article 115 No. 1058;
· with a reduction in the retirement age - participants in the liquidation and victims of the accident at the Chornobyl NPP - Article 55 of the Law of Ukraine dated February 28, 1991 No. 796-ХИI "On the status and social protection of citizens who suffered as a result of the Chernobyl disaster".
The latest changes in the legislation on the appointment of old-age pensions in Ukraine determine new conditions for citizens approaching retirement age. Law No. 1058 states that retirement after reaching the age of 60, 63 or 65 is possible provided that the relevant insurance experience is available.
An important detail is the level of insurance experience required to receive a pension. For example, for a pension after reaching the age of 60 in 2024, you need to have at least 31 years of insurance experience. This seniority gradually increases over the years, for example, in 2028 to 35 years.Also, it is important to be able to apply for a pension after acquiring the appropriate length of service. Citizens can receive a pension automatically if their data is already in the register of insured persons, or by applying to the Pension Fund.
In addition, there are special conditions for the appointment of old-age pensions for certain categories of citizens, in particular those who worked in difficult conditions or have a special status.
You may be interested in the following articles: court enforcement of restrictions Recalculation of pensions Removal of pension restrictions Removal of maximum pension restrictions
Therefore, the new rules for assigning pensions by age require citizens to pay attention to the formation of their insurance experience and apply for a pension in a timely manner. These changes make the process of obtaining a pension more transparent and accessible to the population.
