KyivPost

Tigipko: Introduction of accumulative pension system in 2014 still possible

Print version
Sept. 18, 2012, 5:24 p.m. | Ukraine — by Interfax-Ukraine

Vice Prime Minister, Minister of Social Policy Sergiy Tigipko
© www.president.gov.ua

The possibility of introducing a second accumulative level of the pension system in 2014 is still being reviewed, despite the expected deficit of the Pension Fund in 2013, Vice Prime Minister, Minister of Social Policy Sergiy Tigipko has told Interfax-Ukraine.

"If a decision [on the feasibility of introducing the accumulative pension system] is made, we can change the law on the pension reform," he said.

As reported, the law on the pension reform adopted in 2011 foresees the launch of a second personalized level of the pension system in the year following the year of the liquidation of the Pension Fund deficit.

At the same time, Tigipko said that the issue of introducing the accumulative level of the pension system needs to be discussed and improved, therefore it's not worth making premature forecasts on the issue.

The Kyiv Post is disabling its online comment section due to an increase in trolls, violent comments and other personal attacks. Other news organizations worldwide have taken similar steps for the same reasons. The Kyiv Post regrets having to take this action. The newspaper believes in a robust public debate, but the discussion must be constructive and intelligent. For the time being, the Kyiv Post will allow comments on its moderated Facebook group https://www.facebook.com/groups/kyivpost/. The newspaper will consider hosting online comments again when circumstances allow. Thank you from the Kyiv Post.

KyivPost

© 1995–2015 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.