Many people will not be able to provide for themselves in old age: poverty is characteristic of future pensioners

Despite Ukrainians’ hopes for a comfortable life after retirement, reality shows an entirely different picture — most potential retirees face financial difficulties.

Even a stable job with an average salary and 35 years of experience does not guarantee a sufficient pension.

An average salary of 20,300 hryvnias (as of May 2025) and whole work experience when calculating will result in receiving only 5,270 hryvnias in a monthly pension. This is lower than the national average of 6,410 hryvnias.

People who received a minimum salary of 8,000 hryvnias during their lifetime can expect to receive even less — about 2,361 hryvnias, which makes a secure life in old age practically impossible in the conditions of current inflation and rising prices.

To receive a pension of at least 10,000 hryvnias, a person needs to earn at least 38,300 hryvnias per month. For a retirement of more than 11,000 hryvnias, income must exceed 42,000 hryvnias.

Statistical data also indicate sad trends:

35% of current pensioners live on less than 4,000 hryvnias per month;

55% receive a pension of less than 5,000 hryvnias.

Previously, it was also reported about possible increases in pensions for citizens over 65 years of age and the conditions that must be met to receive a supplement, which can reach more than 900 hryvnias.

In addition, the criteria for social assistance for people who have reached the age of 60, which will also be available in August, have become known.