Ukrainian authorities ask the International Monetary Fund (IMF) to change the deadline for performance of the “beacon” for realization of the pension reform, which is still scheduled for December 2015, as it is said in the draft memorandum on economic and financial policy, updated in January 2016, RBC-Ukraine reports.
“We still intend to realize reforms, which will allow to lay the stable foundation for the pension reform, which becomes more actual amid decrease of social insurance contributions (to 22%), but we need extra time for ensuring necessary support of the society”, as it is said in the document.
This reform also stipulates raising of pension age since January 1, 2017 – for 6 months each year, until it reaches 62 years.
The purpose of this reform is to balance deficit of the budget of the pension fund of the country.
The document also says that before the pension system does not function stably after all planned reforms, the government will refrain from implementation of the its (pension system) second level.
