The Ministry of Social Policy develops a draft law on the professional pension system, which will soon be submitted for approval by the Cabinet of Ministers, Deputy Minister of Social Policy Nikolai Shambir told UNN.
We see the launch of a new pension system as one of the elements of appearance of savings pensions in Ukraine. And we will soon submit the respective draft law for approval by the Cabinet of Ministers. Namely, it can be the first element, which will give opportunity to then launch a full savings system”, Shambir said.
According to him, the professional pension system provides for transferring all preferential pensions into the savings professional system.
“The person, who worked in harmful conditions, will retire earlier, but not through today’s, in my opinion, backward system, when the company compensates pension to the Pension Fund, but through the account of the savings system”, he added.
Shambir also noted that the professional pension system “allows launching the saving element, which will ensure a quite effective system in future”.