Ukraine and the International Monetary Fund (IMF) have agreed on a smooth schedule for conducting pension reform, Prime Minister Mykola Azarov has said, while opening a government meeting in Kyiv on Wednesday.
"In 2013, we will have a deficit-free [budget of the Pension Fund] and proceed to the practical introduction of defined contribution pension accounts," he said.
As reported, a pension reform bill submitted by the government to the parliament at the end of last year proposed gradually increasing the retirement age for women from 55 to 60 years, annually adding six months starting from February 1.
