Verkhovna Rada has registered the bill that repeals pension reform. Initiators of the bill were people’s deputies from party "Batkivshchyna" Ljudmyla Denysova and Andrij Senchenko. It has been proposed to restore the pre-existing retirement age for women - 55 years, to implement insurance work experience required to set old-age pension - 5 years, and insurance work experience for getting minimum old-age pension - 20 years for women and 25 years for men.
It is also expected to restore the right of working pensioners for pension recalculation with regard to increasing of living wage for persons, that are not able to work, and give up restrictions on the right of the pensioner to calculate pension based on 60 months of earnings before July 1, 2000 and all covered periods since July 1, 2000 till January 1, 2016.
We would remind you that the Law "On the Measures on Legislative Enactment of Pension System Reform" became effective from October 1, 2011.
UARP special correspondent