The recalculation is expected to occur automatically and cover approximately 10 million recipients.
Starting March 1, Ukraine will index pensions and insurance payments, according to UNN and PromPolitInform.
The recalculation will occur automatically, without the need to submit applications. The indexation is provided for in Cabinet of Ministers Resolution No. 236 of February 25, 2026, which defines the recalculation procedure and additional social protection measures in 2026.
The increase coefficient is 1.121 (i.e., +12.1%), and the recalculation will cover approximately 10 million recipients.
Who will be affected by the indexation?
According to the Pension Fund, pensions assigned up to and including December 31, 2025, are subject to indexation. The amount of the increase will be determined individually, depending on the parameters of the specific pension case. Insurance payments made under the compulsory state social insurance system are also indexed separately, taking into account the established coefficient of 1.121.
How exactly will it be calculated: automatically and without applications
The Ministry of Social Policy emphasized that the indexation will occur automatically, so no applications are required from the Pension Fund. The ministry also assured that recalculations must be completed promptly and in full.
Why 12.1%: What is behind the coefficient of 1.121
The Pension Fund explains that the indexation coefficient for 2026 is calculated in accordance with the current mechanism, taking into account two indicators: the consumer price index and the growth rate of the average wage (income) on which insurance contributions are paid. As a result, the government approved the coefficient of 1.121.
Context
Government and industry bodies note that the indexation is intended to support people’s purchasing power amid rising prices, and that the percentage increase exceeds the official inflation rate for 2025, which is reportedly 8%.