Korolevska acknowledged the failure of the pension reform

pravda.com.ua  17 January 2013 12:57  6628723 029305

Pension reform has proved to be ineffective, as the pension fund deficit remains. This was stated by the Minister for Social Policy Nataliya Korolevska, the press service of the Ministry informs. "I believe that pension reform is ineffective. Raising the retirement age for women from 55 to 60 years led to nothing except for the negative consequences," - she said. The Minister reminded that the deficit of the fund as of the end od 2012 amounted to over 27.2 billion hryvnias. In 2013 the deficit of the Pension Fund is planned at 21.8 billion hryvnias. "A significant pension fund deficit persists, among other things, because of the ineffective reforms. Also, the presence of this deficit prevents the introduction of the second level of the pension system. This can not continue. So, we create a working group to change approaches in the work of Pension Fund," - Korolevska concluded.

Read also

Post comment

Users posting offensive comments as to other participants of discussion will be banned by moderator without prior warning or explanation. The information related to these users may be provided to law enforcement authorities upon relevant request.Links and advertising messages are prohibited in the comments!

No comments