Retirement age 70: Ukrainians were told whether the retirement age will be increased

Minister of Social Policy Oksana Zholnovych stated that the primary focus is currently on improving the pension system and creating conditions for the voluntary employment of older people rather than changing age restrictions. The state is interested in encouraging those who want to work, not in limiting them by age.

It is noted that fairness in pension payments is an important aspect: the longer a person works, the higher his pension. This position was supported by representatives of the government and the Office of the President, emphasizing that the question of a mandatory increase in the retirement age does not arise.

The pension system of Ukraine has been built according to a three-tier model since 2004:

1. The first tier is a solidarity system, where the specified contributions of working citizens go to pay pensions to current pensioners.
2. The second tier is an accumulative system in which funds are transferred to an individual account, which allows you to save money for retirement.
3. The third level involves voluntary pension provision through non-state funds, which enables you to save money for your old age and that of your relatives.

Currently, only the first and third levels are active, while the second remains in the plans, as it requires significant changes in legislation and institutions.

Thus, in 2025, pension policy in Ukraine is expected to remain stable, and unpopular decisions, such as increasing the retirement age, will be avoided. However, the country is gradually moving towards a more flexible and fair pension system.