PRESIDENTIAL DECREE OF UKRAINE

of March 1, 2001 No. 121/2001

About Regulations on the Pension fund of Ukraine

1. Approve Regulations on the Pension fund of Ukraine it (is applied).

2. To the Cabinet of Ministers of Ukraine to bring the decisions into accord with this Decree.

Approved by the Presidential decree of Ukraine of March 1, 2001 No. 121/2001

Regulations on the Pension fund of Ukraine

1. The pension fund of Ukraine is the central executive body performing management and management of solidary system of obligatory national pension insurance, carries out collection, accumulation and accounting of insurance premiums, grants pensions and prepares documents for their payment, provides timely and in full financing and pension payment, benefits for burial, other social payments which according to the legislation are performed at the expense of means of the Pension fund of Ukraine exercises control of target use of means of the Pension fund of Ukraine. Pension fund activity of Ukraine goes and coordinated by the Cabinet of Ministers of Ukraine through the Minister of Labour and Social Policy of Ukraine.

The pension fund of Ukraine introduces in accordance with the established procedure to the Minister of Labour and Social Policy of Ukraine offers on forming of state policy in the field of provision of pensions and social insurance, provides its realization.

2. The pension fund of Ukraine in the activities is guided by the Constitution and the laws of Ukraine, acts of the President of Ukraine, the Cabinet of Ministers of Ukraine and this Provision.

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