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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of February 16, 2022 No. 118

About indexation of pensions and measures for increase in level of social protection of the most vulnerable segments of the population in 2022

(as amended of the Resolution of the Cabinet of Ministers of Ukraine of 24.02.2023 No. 168)

The Cabinet of Ministers of Ukraine decides:

1. Determine that since March 1, 2022:

recalculation of pensions according to Procedure for carrying out recalculation of pensions according to part two of article 42 of the Law of Ukraine "About obligatory national pension insurance", the approved resolution of the Cabinet of Ministers of Ukraine of February 20, 2019 No. 124 "Questions of carrying out indexation of pensions in 2019" (The Official Bulletin of Ukraine, 2019, No. 19, the Art. 663), is performed using coefficient of increase in indicator of the average salary (income) in Ukraine with which insurance premiums and which is considered for calculation of pension (further - increase coefficient), in the amount of 1,14 are paid;

in case the increase size as a result of the recalculation of pension specified in the paragraph the second this Item does not reach 100 hryvnias, monthly pension supplement in the amount which is not enough to the specified size which is considered in case of further recalculations of pension is established.

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