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 Ukraine to see minimum pension raised by 10 percent Dec. 1, - Rozenko

A 10 percent increase in the minimum pension is scheduled for Dec. 1, 2016.

Deputy Prime Minister of Ukraine Pavlo Rozenko said on air of 5 Channel, Censor.NET reports.

"The state budget of Ukraine provided for only a 5 percent increase in the minimum pension from Dec. 1. Given the poor state of the socio-economic situation in Ukraine, we made a decision, and the Verkhovna Rada has supported us, to raise the minimum pension by 10 percent.

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"The next planned increase in pensions will cover approximately 7 million pensioners with minimal pensions. There is a category of pensioners whose average pension ranges from 1,400 to 3,000 hryvnia (about $52-113). They have found themselves in an unfair situation compared to other categories whose pensions have already seen some increase. But for these pensioners, no indexation or recalculation of pensions has been carried out at least over the last three years," Rozenko said.

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