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 Retirement age in Ukraine should be increased starting with subsidized households, - IMF official

We’ll need to start with an increase in the retirement age of a number of groups that are exempt at the moment from the general retirement, that have special privileges on the retirement age.

Director of the IMF European Department Poul Thomsen said at a briefing in Washington, D.C., Censor.NET reports citing the press service of the International Monetary Fund.

Read more: Ukraine's Finance Minister does not rule out possible retirement age increase during forthcoming pension reform

"Pension reform is a very important part of the program. It is something that has been delayed a couple of times, as you know. It's clearly a challenging reform, not least in the current environment. There is an agreement to get them underway.

"But clearly, an increase in the retirement age is a very important part of this, and I think we'll need to start with an increase in the retirement age of a number of groups that are exempt at the moment from the general retirement, that have special privileges on the retirement age. Some of these privileges are very generous and I think we'll need to start there. These are discussions that are just getting underway, so I don't think it's appropriate for me to get more into this," Thomsen said.

Read more: Tymoshenko pledged to start selling Ukrainian land by signing memorandum with IMF back in 2008, - PM Hroisman



 
 
 
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