08 July 2011, 01:34
The Law states that the rate of maximum pension (except pension payments from the Endowment Fund) or monthly permanent alimony (cumulating increments, extra payments, supplementary pension, monetary aid, pension for outstanding merits before Motherland), pensioned pursuant to the Customs Code of Ukraine, the Laws "On State Service", "On Prosecution", "On Status of the People´s Deputy of Ukraine", "On the National Bank of Ukraine", "On the Cabinet of Ministers of Ukraine", "On Diplomatic Service", "On Local Self-Government", "On Forensic Enquiry", "On Status and Social Security of the Citizens suffered in the result of Chornobyl Disaster", "On Research and Research-Technical Activity", "On Mass Media and Social Security of Journalists", "On Military Pension", "On Compulsory State Pension Insurance", "On Pension Insurance", "On Judicial System and Status of Judge", Resolution of the Verkhovna Rada of Ukraine of October 13, 1995 No.379 "On Introduction of the Status of the Assistant-Consultant of the People´s Deputy of Ukraine" shall not exceed ten minimum subsistence levels established for the category of citizens who lost working capacity.
The adjusted governmental legislative document introduces the savings system of the obligatory state retirement insurance. Thus, it envisages transference of insurance fees to the saving pension fund since the year when a balanced budget of the Pension Fund is reached. The bill also presents an action plan to balance the solidarity retirement insurance system and stabilize the Pension Fund. The bill changes the age limit for civil and diplomatic service, and work in the local self-government bodies 60 years for women and 62 years for men. Upon reaching this age, public officers can hold only the posts of advisors or consultants.
The draft is registered under Reg. No.7455.