Ukrainian Pension System at the Crossroads
pravda.com.ua (01.11.2021) Ukraine is in the top 15 countries globally for the fastest ageing population and the State Budget has allocated about UAH 170 billion to cover pensions in the security and defence sectors, fund social contributions for some categories of people, allowances, increases to pensions and to bridge the deficit of the Pension Fund. The Ukrainian pension system stands at a crossroads and the recent COVID-19 crisis has only amplified the urgent need for reform.