In March, Ukraine will undergo another pension indexation. The government announced this, noting that the recalculation will cover most categories of pensioners and is intended to compensate for the rise in consumer prices over the past year. The indexation will be based on a formula that takes into account inflation and the dynamics of the average salary, as reported by the First Business channel and the PromPolitInform portal.
The Ministry of Social Policy clarified that Ukrainians will see the updated amounts in their March payments. The increase will be individual and will depend on the length of service, the type of pension, and the preliminary accrual amount. At the same time, additional guarantees will apply for certain categories, particularly military pensioners and individuals with disabilities.
The government notes that the indexation is part of a systemic policy to support older people in times of war and economic instability. According to officials, the state strives to preserve the purchasing power of pensions and ensure the predictability of social payments. As a reminder, the government plans to publish detailed recalculation parameters, average increase amounts, and coverage of different pensioner groups closer to the beginning of March.
