The Pension Fund of Ukraine can ensure payment of increased pensions after the growth of maximum value of the base for calculating the Unified Social Tax (UST) and the introduction of regressive scale for its accrual, finance.ua reports.
In particular, in early June, considering the compensators for the Pension Fund budget, the Cabinet of Ministers of Ukraine added the members of farm households to the list of UST payers.
However, the Pension Fund also offers several other sources for revenue growth. It refers to the growth of maximum value of the base for UST accrual, which amounts to 55.8 thousand hryvnias today (15 minimum wages).
In addition, the PF considers it advisable to introduce a regressive scale for UST accrual. This means that if the wage exceeds UAH 55.8 thousand, the contribution rate will be less than 22%.
The pension agency also proposes establishing the minimum official salary, equal to two minimum wages, for company managers. To date, this will amount to 7,446 hryvnias.
