Publication date: 02.06.2024
I constantly strive to develop and acquire new knowledge, my experience and additional education confirm this.
Retirement in Ukraine
The pension system is an important component of many countries, including Ukraine. In Ukraine, the pension system ensures the payment of pensions to citizens who have reached the appropriate age and are entitled to a pension in accordance with the conditions established in the legislation. It helps provide financial protection for people in old age and supports their economic well-being after retirement.
Insurance length is one of the key criteria for receiving a pension, it means the number of years a person has worked and made appropriate contributions to a pension fund or system.
The Ukrainian pension system is based on the accumulation of insurance experience, which takes into account the years of actual work with the corresponding contributions. In many cases, to receive a pension, you need to have a certain minimum insurance experience, which is established by law.
Usually, the number of years required to receive a pension and its amount may depend on various factors, such as the age of the person, his work experience, payments to the pension fund, etc.
What to do when there is not enough experience for retirement
If you do not have enough experience to retire in Ukraine, there are several possibilities:
Extend work experience:
Extending work experience is one of the ways to increase your insurance experience. You can continue to work to gain additional experience before applying for retirement.
Purchase of seniority:
In Ukraine, it is possible to buy insurance experience by paying the corresponding contributions to the pension fund for the missed periods.
Receiving social benefits:
In the event that you do not have enough experience to retire, you may be entitled to receive social benefits or assistance from the state. This may include cash assistance or other types of support depending on your particular situation.
Collateral:
Consider providing extra security during retirement, such as saving some of your earnings for a pension or investing in pension funds.
Contract of voluntary participation in the system of mandatory state social insurance
Thus, in Ukraine, there is an opportunity to conclude a contract of voluntary participation in the system of mandatory state social insurance for a period of at least one year. This contract enables persons who do not have sufficient pensionable service to pay contributions gradually over a certain period in order to acquire the necessary insurance service. You can pay contributions once for the previous periods, which allows you to "buy up" the seniority without waiting for one year.
This option allows people who have missed a certain period of insurance to take advantage of the opportunity to increase their insurance period in order to receive a pension in the future.
The amount of the single premium paid for each month of such a missed period cannot be less than the minimum insurance premium on the date of conclusion of the contract, multiplied by a factor of 2.
Article 10 of the Law of Ukraine "On the collection and accounting of a single contribution to mandatory state social insurance" dated July 8, 2010.No. 2464-VI contains provisions on the collection of a single contribution to mandatory state social insurance. The specific provisions of this article may include the definition and procedure for payment of a single contribution, objects of taxation, features for different categories of payers, as well as determination of cases of exemption or reduction of the contribution.
Consultation of a lawyer on the accrual of a pension
A pension lawyer is a lawyer who specializes in pension issues and provides legal assistance to people in matters related to pensions. They can assist clients in understanding their rights and obligations in the pension system, as well as in protecting their interests in interactions with pension authorities and other parties.
A pensions lawyer can provide a wide range of services, including:
- advice on the rights and possibilities of receiving pension payments;
- submission of applications and appeals to pension authorities;
- representation in court in cases related to pension issues;
- assistance in drawing up pension documents and applications.
- resolution of disputed situations with pension payments.
It is important to choose an experienced and qualified pension lawyer who has an understanding of the pension process and a successful experience in working with similar cases. If you need a lawyer's advice on pension issues, I recommend contacting the lawyers and lawyers of YM "Consultant" for advice and providing professional legal assistance to a specialist.
