The Government of Ukraine has presented a concept for a large-scale pension reform to the parliament. The document proposes a radical change in the payment calculation system, aimed at equalizing conditions for different generations of pensioners and protecting their incomes from inflation.
According to information obtained by RBK-Ukraine from People's Deputy of the IX Convocation Olga Vasilevskaya-Smaglyuk, the new model will be based on a two-component structure. This key change is intended to make the system more transparent and fair.
Two Components of the New Pension
The government's concept includes dividing pension payments into two parts. This approach will allow for more flexible management of benefit amounts and take into account the individual merits of each citizen.
Special attention in the draft law is paid to social protection. The introduction of a guaranteed minimum payment level is planned, which will serve as a "safety net" for the most vulnerable layers of the population. At the same time, the state intends to reduce the gap between the lowest and highest pensions, which should reduce social tension.
The Problem of Devaluation and Injustice
One of the main problems that the reform is designed to solve is the rapid devaluation of pensions. Experts note that just three years after retirement, the purchasing power of payments falls to critical levels.
Furthermore, there is a clear imbalance in the current system: newer pensioners with similar work experience and salary levels receive significantly more than their predecessors. The introduction of a basic pension component is intended to eliminate this injustice and equalize conditions for all citizens.
Transition to Professional Programs
The government also proposes to reform the system of special pensions. A gradual transfer to the system of professional pension programs is planned. This change should stimulate the development of voluntary savings and give citizens more opportunities to form their own budget for old age independently.
The draft law is expected to be submitted to the Verkhovna Rada no later than the autumn of this year. Before that, the document will go through the stage of coordination and public discussion.
Important Nuances for Citizens
Alongside the preparation of the reform, the average salary indicator for calculating pensions is being updated in Ukraine. For the first three months of 2026, this indicator increased by more than 1300 hryvnias, which directly affects the amount of payments for those retiring now.
Separate attention should be paid to digitization. For some Ukrainians, especially those who started their work before 2004, the deadline for digitizing paper workbooks is expiring. Citizens who have not yet submitted scanned copies of documents to the Pension Fund must do so in the near future to avoid losing their work experience.