Early retirement in Ukraine: who can receive it before reaching 60 years of age
In Ukraine, specific categories of people are eligible for early retirement, a decision that can be particularly significant in challenging times. The Pension Fund of Ukraine emphasizes that such a right is defined by clause 6 of part one of article 115 of the Law “On General Mandatory State Pension Insurance”. However, this does not apply to all situations, but only to cases where a person has lost their job through no fault of their own.
Early retirement can be received by those who were dismissed due to changes in the organization of production, such as reductions, the liquidation of the enterprise, or its bankruptcy. No more than one and a half years must remain before reaching retirement age. Candidates must have sufficient insurance experience: men need at least 35 years, while women need at least 30 years.
Another indispensable condition is that, within 30 days after dismissal, it is necessary to register with the employment center. If you fail to find a suitable job within a week of registration, you will be able to apply for an early pension.
The procedure for receiving a pension is clearly defined. You can apply the next day after you are deregistered from the employment center. To do this, you should contact the local branch of the Pension Fund with all the necessary documents.
For many Ukrainians, this opportunity is particularly significant, especially during times of economic crisis and mass layoffs. An early pension can provide financial support during a difficult period and help avoid financial difficulties.
We remind you that it is planned to increase wages by an average of 5 thousand hryvnias annually, which has raised some hopes among Ukrainians.
